In This Article:
Mutares SE KGaA (ETR:MUX) Full Year 2023 Results
Key Financial Results
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Revenue: €5.68b (up 51% from FY 2022).
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Net income: €397.1m (up from €6.70m loss in FY 2022).
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Profit margin: 7.0% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
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EPS: €19.08 (up from €0.33 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mutares SE KGaA EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) exceeded analyst estimates by 65%.
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Capital Markets industry in Germany.
Performance of the German Capital Markets industry.
The company's shares are up 2.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for Mutares SE KGaA you should be aware of, and 2 of them make us uncomfortable.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.