Power Corporation of Canada (TSE:POW) Full Year 2023 Results
Key Financial Results
- Revenue: CA$32.6b (down 33% from FY 2022).
- Net income: CA$2.32b (up 21% from FY 2022).
- Profit margin: 7.1% (up from 3.9% in FY 2022). The increase in margin was driven by lower expenses.
- EPS: CA$3.45 (up from CA$2.85 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Power Corporation of Canada Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Insurance industry in Canada.
Performance of the Canadian Insurance industry.
The company’s shares are up 3.0% from a week ago.
Balance Sheet Analysis
While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by…
