In This Article:
HAL Trust (AMS:HAL) Full Year 2023 Results
Key Financial Results
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Revenue: €13.1b (up 20% from FY 2022).
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Net income: €1.00b (up 55% from FY 2022).
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Profit margin: 7.7% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue.
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EPS: €11.17 (up from €7.37 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HAL Trust EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 37%.
Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 9.4% decline forecast for the Diversified Financial industry in Europe.
Performance of the market in the Netherlands.
The company's shares are up 3.0% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on HAL Trust's balance sheet.
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