Severn Trent (LON:SVT) Full Year 2023 Results
Key Financial Results
Revenue: UK£2.17b (up 11% from FY 2022).
Net income: UK£132.2m (up from UK£87.2m loss in FY 2022).
Profit margin: 6.1% (up from net loss in FY 2022).
EPS: UK£0.53 (up from UK£0.35 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Severn Trent EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Global Water Utilities industry.
Performance of the market in the United Kingdom.
The company’s shares are down 3.4% from a week ago.
What about risks? Every company has them, and we’ve spotted 2 warning signs for Severn Trent you should know about.
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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.
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