Lonza Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Lonza Group (VTX:LONN) Full Year 2023 Results

Key Financial Results

• Revenue: CHF6.72b (up 7.9% from FY 2022).

• Net income: CHF654.0m (down 46% from FY 2022).

• Profit margin: 9.7% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses.

• EPS: CHF8.88 (down from CHF16.37 in FY 2022).

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

Lonza Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Life Sciences industry in Switzerland.

Performance of the Swiss Life Sciences industry.

The company's shares are up 17% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Lonza Group that you should be aware of.

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