RTX Full Year 2023 Earnings: EPS: kr.5.70 (vs kr.4.15 in FY 2022)

Simply Wall St · 12/07/2023 04:08

RTX (CPH:RTX) Full Year 2023 Results

Key Financial Results

  • Revenue: kr.796.3m (up 17% from FY 2022).
  • Net income: kr.46.7m (up 38% from FY 2022).
  • Profit margin: 5.9% (up from 5.0% in FY 2022). The increase in margin was driven by higher revenue.
  • EPS: kr.5.70 (up from kr.4.15 in FY 2022).
revenue-and-expenses-breakdown
CPSE:RTX Revenue and Expenses Breakdown December 7th 2023

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

RTX Earnings Insights

The primary driver behind last 12 months revenue was the Enterprise segment contributing a total revenue of kr.527.1m (66% of total revenue). Notably, cost of sales worth kr.424.3m amounted to 53% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to kr.264.4m (81% of total expenses). Explore how RTX's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Communications industry in Europe.

Performance of the market in Denmark.

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

Risk Analysis

We should say that we've discovered 1 warning sign for RTX that you should be aware of before investing here.