Grammer Full Year 2023 Earnings: EPS: €0.12 (vs €5.26 loss in FY 2022)
![Grammer Full Year 2023 Earnings EPS 012 vs 526 loss in FY 2022](/thumb/phpThumb.php?src=%2Fuploads%2Fnews%2F56%2F5672%2F5%2F5672569-grammer-full-year-2023-earnings-eps-012-vs-526-loss-in-fy-2022.jpg&w=750&hash=bd8938e5fc05c793df4a68057487d901)
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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