HLSE:ILKKA2Media
Ilkka Oyj (HLSE:ILKKA2) Earnings Rebound Challenges Persistent Bearish Narrative on Profit Trends
Ilkka Oyj (HLSE:ILKKA2) turned around a five-year trend of steep earnings declines by delivering 5.8% earnings growth this year; previously, the company averaged a 30.7% annual earnings drop. However, revenue is projected to fall by 2.3% annually over the next three years, with earnings expected to decrease 6.5% each year. Net profit margins narrowed to 10.2% from last year’s 12.8%, pointing to some pressure on overall profitability even as relative valuation keeps investor interest...