Secure Energy Services Full Year 2023 Earnings: EPS: CA$0.66 (vs CA$0.59 in FY 2022)
Secure Energy Services (TSE:SES) Full Year 2023 Results
Key Financial Results
Revenue: CA$8.24b (up 3.0% from FY 2022).
Net income: CA$195.0m (up 6.0% from FY 2022).
Profit margin: 2.4% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue.
EPS: CA$0.66 (up from CA$0.59 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Secure Energy Services Earnings Insights
Looking ahead, revenue is expected to fall by 72% p.a. on average during the next 3 years compared to a 14% decline forecast for the Energy Services industry in Canada.
Performance of the Canadian Energy Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Secure Energy Services that you should be aware of.
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