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PATRIZIA Full Year 2023 Earnings: EPS: €0.068 (vs €0.083 in FY 2022)

PATRIZIA (ETR:PAT) Full Year 2023 Results

Key Financial Results

  • Revenue: €305.7m (down 12% from FY 2022).

  • Net income: €5.80m (down 20% from FY 2022).

  • Profit margin: 1.9% (down from 2.1% in FY 2022). The decrease in margin was driven by lower revenue.

  • EPS: €0.068 (down from €0.083 in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

PATRIZIA Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - PATRIZIA has 2 warning signs we think 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.