R.A.K. Ceramics P.J.S.C Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Full Year 2024 Results

Key Financial Results

• Revenue: د.إ3.46b (flat on FY 2023).
• Net income: د.إ320.9m (up 10% from FY 2023).
• Profit margin: 9.3% (up from 8.4% in FY 2023).
• EPS: د.إ0.32 (up from د.إ0.29 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

R.A.K. Ceramics P.J.S.C Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 4.3%.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Building industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are down 1.2% from a week ago.

Risk Analysis

Be aware that R.A.K. Ceramics P.J.S.C is showing 3 warning signs in our investment analysis and 1 of those doesn't sit too well with us...

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