Grammer (ETR:GMM) Full Year 2023 Results

Key Financial Results

• Revenue: €2.30b (up 6.8% from FY 2022).

• Net income: €2.51m (up from €78.4m loss in FY 2022).

• Profit margin: 0.1% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.

• EPS: €0.12 (up from €5.26 loss in FY 2022).

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

Grammer Earnings Insights

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Germany.

Performance of the German Auto Components industry.

The company's shares are down 2.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Grammer has 1 warning sign we think you should be aware of.

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