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Kendrion (ENXTAM:KENDR) Stock Faces Growth Doubts Despite Stronger Margins
Kendrion’s stock closed at €19.28, roughly flat over the past week, even as the quarterly figures put profitability squarely in the spotlight. The headline is not revenue, which came in at €65.4 million, but what the company kept from it. Net income from continuing operations over the trailing twelve months reached €16.7 million, and basic earnings per share for the quarter printed at €0.32. For a stock trading on a P/E of 17.3x and still carrying memories of an unstable dividend record, that...