Agthia Group PJSC Full Year 2024 Earnings: Misses Expectations

Agthia Group PJSC (ADX:AGTHIA) Full Year 2024 Results

Key Financial Results

• Revenue: د.إ4.91b (up 7.7% from FY 2023).
• Net income: د.إ291.3m (up 12% from FY 2023).
• Profit margin: 5.9% (up from 5.7% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: د.إ0.36 (up from د.إ0.31 in FY 2023).

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

Agthia Group PJSC Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Food industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are down 5.6% from a week ago.

Valuation

Agthia Group PJSC's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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