Arcadis Full Year 2023 Earnings: Revenues In Line With Expectations
Arcadis (AMS:ARCAD) Full Year 2023 Results
Key Financial Results
Revenue: €5.00b (up 24% from FY 2022).
Net income: €160.0m (up 18% from FY 2022).
Profit margin: 3.2% (down from 3.4% in FY 2022). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Arcadis Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Professional Services industry in the Netherlands.
Performance of the Dutch Professional Services industry.
The company's shares are up 5.9% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Arcadis that we have uncovered.
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