HAL Trust Full Year 2023 Earnings: EPS Beats Expectations

[email protected] (Simply Wall St)
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HAL Trust (AMS:HAL) Full Year 2023 Results

Key Financial Results

  • Revenue: €13.1b (up 20% from FY 2022).

  • Net income: €1.00b (up 55% from FY 2022).

  • Profit margin: 7.7% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue.

  • EPS: €11.17 (up from €7.37 in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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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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.

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