OC Oerlikon (VTX:OERL) Full Year 2023 Results

Key Financial Results

• Revenue: CHF2.69b (down 7.4% from FY 2022).

• Net income: CHF33.0m (down 63% from FY 2022).

• Profit margin: 1.2% (down from 3.1% in FY 2022). The decrease in margin was driven by lower revenue.

• EPS: CHF0.10 (down from CHF0.27 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

OC Oerlikon Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 65%.

Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Switzerland.

Performance of the Swiss Machinery industry.

The company's shares are up 20% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for OC Oerlikon you should be aware of, and 2 of them are potentially serious.

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