OM:VESTUMConstruction
Vestum (OM:VESTUM): Five Years of Compounded Losses Challenge Bullish Profitability Narrative
Vestum (OM:VESTUM) reported another year of rising losses, with the company’s net profit margin remaining stubbornly negative and annual losses compounding at 28.4% over the last five years. Despite the lack of improvement in profitability, earnings are forecast to surge 103.4% annually. Expectations are for Vestum to become profitable in the next three years and revenue is projected to grow at a brisk 6.8% per year. Investors are weighing these growth forecasts against the company’s track...