In This Article:
Bachem Holding (VTX:BANB) First Half 2023 Results
Key Financial Results
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Revenue: CHF239.9m (up 2.1% from 1H 2022).
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Net income: CHF34.4m (down 5.9% from 1H 2022).
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Profit margin: 14% (down from 16% in 1H 2022). The decrease in margin was driven by higher expenses.
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EPS: CHF0.46 (down from CHF0.50 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bachem Holding Earnings Insights
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Life Sciences industry in Switzerland.
Performance of the Swiss Life Sciences industry.
The company's shares are up 5.3% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Bachem Holding that you should be aware of before investing here.
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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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