Yahoo Finance Lonza Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Lonza Group (VTX:LONN) Full Year 2023 Results
Key Financial Results
Revenue: CHF6.72b (up 7.9% from FY 2022).
Net income: CHF654.0m (down 46% from FY 2022).
Profit margin: 9.7% (down from 20% in FY 2022).
EPS: CHF8.88 (down from CHF16.37 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lonza Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 31%.
Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Life Sciences industry in Switzerland.
Performance of the Swiss Life Sciences industry.
The company's shares are up 1.7% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Lonza Group that you should be aware of before investing here.
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