HLSE:PON1VMachinery
Ponsse (HLSE:PON1V) Stock Faces Margin Pressure Despite Sharper Q2 Profit
Ponsse Oyj walked into this earnings day with a flat week behind the stock and a richer than peer P/E of 24.9x, so expectations were already loaded. The market reaction now has to digest a quarter where Q2 revenue reached €187.1m and basic earnings per share came in at €0.34. The real story is the margin squeeze that still hangs over the trailing 12 months, with net profit margin at 3.5% compared with 5.4% a year earlier. The question for you is whether today’s price move reflects that...