ARB (ASX:ARB) Full Year 2024 Results
Key Financial Results
- Revenue: AU$697.0m (up 3.3% from FY 2023).
- Net income: AU$102.7m (up 16% from FY 2023).
- Profit margin: 15% (up from 13% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: AU$1.25 (up from AU$1.08 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ARB Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 1.8%.
The primary driver behind last 12 months revenue was the Australasia segment contributing a total revenue of AU$672.6m (97% of total revenue). The largest operating expense was General & Administrative costs, amounting to AU$177.5m (61% of total expenses). Explore how ARB's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Auto Components industry.
Performance of the market in Australia.
The company's shares are up 4.1% from a week ago.
Valuation
If you are concerned about investing in overvalued stocks, our analysis of 6 valuation measures indicates ARB could be one stock to be wary of. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ASX:ARB
ARB
Engages in the design, manufacture, distribution, and sale of motor vehicle accessories and light metal engineering works.
Flawless balance sheet with solid track record and pays a dividend.
