Shop Apotheke Europe Reports First Quarter 2023 Earnings

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Shop Apotheke Europe (ETR:SAE) First Quarter 2023 Results

Key Financial Results

  • Revenue: €372.1m (up 22% from 1Q 2022).

  • Net loss: €10.2m (loss narrowed by 55% from 1Q 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Shop Apotheke Europe Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe.

Performance of the market in Germany.

The company's shares are down 3.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Shop Apotheke Europe you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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