Bodycote (LON:BOY) Full Year 2023 Results

Key Financial Results

• Revenue: UK￡802.5m (up 7.9% from FY 2022).

• Net income: UK￡85.6m (up 16% from FY 2022).

• Profit margin: 11% (in line with FY 2022).

• EPS: UK￡0.45 (up from UK￡0.39 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bodycote EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom.

Performance of the British Machinery industry.

The company's shares are up 2.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Bodycote that you should be aware of.

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