DATRON (ETR:DAR) Full Year 2023 Results
Key Financial Results
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Revenue: €64.9m (up 8.4% from FY 2022).
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Net income: €4.48m (up 5.6% from FY 2022).
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Profit margin: 6.9% (down from 7.1% in FY 2022). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
DATRON Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company’s shares are up 7.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 2 warning signs for DATRON you should be aware of, and 1 of them is a bit concerning.
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