OM:PNDX BReal Estate
Pandox (OM:PNDX B) Profit Surge Driven by SEK556M One-Off Gain Raises Quality Questions
Pandox (OM:PNDX B) delivered standout earnings growth over the past year, with profits soaring 173.5%, far surpassing the company’s five-year average growth of 16.1% per year. Net profit margin improved sharply to 18.8% from 7% a year earlier, benefiting from a sizeable one-off gain of SEK556.0M during the period. As earnings catch the spotlight, investors will be watching closely. Despite rosy profitability, revenue is set to decline by 8.2% annually over the next three years while future...