Auto Components News

Polytec Holding Third Quarter 2022 Earnings: €0.09 loss per share (vs €0.15 loss in 3Q 2021)

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Polytec Holding (VIE:PYT) Third Quarter 2022 Results

Key Financial Results

  • Revenue: €146.4m (up 18% from 3Q 2021).
  • Net loss: €2.04m (loss narrowed by 38% from 3Q 2021).
  • €0.09 loss per share (improved from €0.15 loss in 3Q 2021).
earnings-and-revenue-growth
WBAG:PYT Earnings and Revenue Growth November 13th 2022

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

Polytec Holding Earnings Insights

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Europe.

Performance of the market in Austria.

The company’s shares are up 4.3% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we’ve spotted with Polytec Holding (including 2 which are concerning).

Valuation is complex, but we’re helping make it simple.

Find out whether Polytec Holding is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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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