Consumer Durables News

Sabaf Reports Third Quarter 2022 Earnings

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Sabaf (BIT:SAB) Third Quarter 2022 Results

Key Financial Results

  • Revenue: €57.7m (down 8.5% from 3Q 2021).
  • Net income: €88.0k (down 99% from 3Q 2021).
  • Profit margin: 0.2% (down from 10% in 3Q 2021). The decrease in margin was primarily driven by lower revenue.
earnings-and-revenue-growth
BIT:SAB Earnings and Revenue Growth November 14th 2022

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

Sabaf Earnings Insights

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Italy.

Performance of the Italian Consumer Durables 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 – Sabaf has 3 warning signs we think you should be aware of.

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

Find out whether Sabaf 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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