Yahoo Finance M1 Kliniken Full Year 2023 Earnings: Beats Expectations
M1 Kliniken (ETR:M12) Full Year 2023 Results
Key Financial Results
Revenue: €318.0m (up 12% from FY 2022).
Net income: €10.3m (up 138% from FY 2022).
Profit margin: 3.2% (up from 1.5% in FY 2022). The increase in margin was driven by higher revenue.
EPS: €0.54 (up from €0.24 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
M1 Kliniken Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 35%.
Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Healthcare industry in Germany.
Performance of the German Healthcare industry.
The company's shares are up 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for M1 Kliniken that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
