Data Module Production and Electrical Systems (ETR:DAM) Full Year 2023 Results
Main financial results
-
Revenue: €283.2 million (+2.6% compared to 2022).
-
Net profit: 14.5 million euros (-21% compared to 2022).
-
Profit margin: 5.1% (down from 6.7% in FY2022). The decrease in profit margin was due to an increase in expenses.
-
EPS: 4.11 euros (down from 5.21 euros in 2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Data module production and electronic systems revenues and profits fall below expectations.
Sales were 4.0% lower than analysts’ expectations. Earnings per share (EPS) also fell 21% below analyst expectations.
The main driver of revenue over the past 12 months was the Display segment, which contributed €181.5 million (64% of total revenue) to total revenue. In particular, the cost of goods sold, worth 223.7 million euros, accounted for 79% of total revenue, highlighting the impact on the bottom line. The largest operating expense was general and administrative expenses, amounting to EUR 30.2 million (67% of total expenses). Find out how DAM’s revenues and expenses form its bottom line.
Looking ahead, revenues are expected to increase by an average of 5.7% per year over the next three years, compared to a growth forecast of 10% for the German electronics industry.
performance of German electronic industry.
The company’s stock price is almost unchanged from a week ago.
risk analysis
Before you take the next step, you need to know the following: 1 warning sign for DATA MODUL Produktion und Vertrieb von elektronischen Systemen What we discovered.
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our 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 using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.