Bird Construction (TSE:BDT) Full Year 2023 Results
Key Financial Results
- Revenue: CA$2.80b (up 18% from FY 2022).
- Net earnings: CA$71.5m (up 44% from FY 2022).
- Profit margin: 2.6% (up from 2.1% in FY 2022). The enhance in margin was pushed by increased income.
- EPS: CA$1.33 (up from CA$0.93 in FY 2022).
All figures proven within the chart above are for the trailing 12 month (TTM) interval
Bird Construction Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) additionally surpassed analyst estimates by 2.7%.
In the final 12 months, the one income phase was General Contracting Sector of The Construction Industry contributing CA$2.80b. Notably, cost of gross sales value CA$2.56b amounted to 91% of whole income thereby underscoring the impression on earnings. The largest working expense was General & Administrative prices, amounting to CA$153.6m (91% of whole bills). Explore how BDT’s income and bills form its earnings.
Looking forward, income is forecast to develop 9.1% p.a. on common in the course of the subsequent 2 years, in comparison with a 1.9% progress forecast for the Construction business in Canada.
Performance of the Canadian Construction business.
The firm’s shares are up 7.3% from per week in the past.
Risk Analysis
What about dangers? Every firm has them, and we have noticed 1 warning signal for Bird Construction you need to learn about.
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