CAF: FY2022 RESULTS AND T.P. CUT (ANÁLISIS BANCO SABADELL)
4Q'22 vs. 4Q'21 Results
Sales: € 975.0 M (+7.1% vs. +10.7% BS(e) and +3.7% consensus);
EBITDA: € 75.0 M (-6.3% vs. -10.6% BS(e) and -12.5% consensus);
EBIT: € 42.0 M (-23.6% vs. -31.1% BS(e) and -20.0% consensus);
Net Profit: € 18.0 M (-33.3% vs. -58.9% BS(e) and -25.9% consensus).
FY2022 vs. FY2021 Results
Sales: € 3.165 Bn (+7.5% vs. +8.6% BS(e) and +6.5% consensus);
EBITDA: € 232.0 M (-9.0% vs. -10.4% BS(e) and -11.0% consensus);
EBIT: € 139.0 M (-15.8% vs. -18.2% BS(e) and -14.5% consensus);
Net Profit: € 52.0 M (-39.5% vs. -47.6% BS(e) and -37.2% consensus).