Yahoo Finance HIAG Immobilien Holding Full Year 2023 Earnings: Beats Expectations
HIAG Immobilien Holding (VTX:HIAG) Full Year 2023 Results
Key Financial Results
Revenue: CHF136.7m (up 41% from FY 2022).
Net income: CHF47.0m (down 53% from FY 2022).
Profit margin: 34%.
EPS: CHF4.65 (down from CHF9.85 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HIAG Immobilien Holding Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 35%. Earnings per share (EPS) also surpassed analyst estimates by 17%.
Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 5.7% decline forecast for the Real Estate industry in Switzerland.
Performance of the Swiss Real Estate industry.
The company's shares are up 1.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - HIAG Immobilien Holding has 2 warning signs we think you should be aware of.
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