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Koninklijke Vopak (AMS:VPK) Full Year 2023 Results
Main financial results
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Revenue: 1.52 billion euros (9.7% increase compared to 2022).
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Net profit: €455.7 million (up from a loss of €168.4 million in 2022).
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Profit Margin: 30% (up from 2022 net loss). The transition to profitability was primarily driven by cost reductions.
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EPS: €3.63 (up from loss of €1.34 in 2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Koninklijke Vopak EPS disappoints
Sales were in line with analyst forecasts. Earnings per share (EPS) was 3.7% below analyst expectations.
Looking ahead, European oil and gas industry sales are expected to decline by an average of 2.7% per year over the next three years, compared to a forecast decline of 1.9%.
market performance Netherlands.
The company’s stock price has increased 14% from a week ago.
risk analysis
Before I summarize, I discovered the following: 2 warning signs for Koninklijke Vopak (note that 1 cannot be ignored!).
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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.
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