Tyman First Half 2023 Earnings: EPS: UK£0.088 (vs UK£0.15 in 1H 2022)

Tyman (LON:TYMN) First Half 2023 Results

Key Financial Results

• Revenue: UK£329.9m (down 8.4% from 1H 2022).

• Net income: UK£17.1m (down 40% from 1H 2022).

• Profit margin: 5.2% (down from 7.9% in 1H 2022). The decrease in margin was driven by lower revenue.

• EPS: UK£0.088 (down from UK£0.15 in 1H 2022).

earnings-and-revenue-growth

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

Tyman Earnings Insights

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in the United Kingdom.

Performance of the British Building industry.

The company's shares are up 9.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Tyman that you should be aware of.

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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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