Spinneys 1961 Holding Reports Third Quarter 2024 Earnings

Spinneys 1961 Holding (DFM:SPINNEYS) Third Quarter 2024 Results

Key Financial Results

• Net income: د.إ39.7m (up by د.إ39.7m from 3Q 2023).
• EPS: د.إ0.011.

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

Spinneys 1961 Holding Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Consumer Retailing industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are up 1.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Spinneys 1961 Holding has 1 warning sign we think you should be aware of.

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