DGL Group Full Year 2024 Earnings: Revenues Miss Expectations
DGL Group (ASX:DGL) Full Year 2024 Results
Key Financial Results
- Revenue: AU$465.1m (flat on FY 2023).
- Net income: AU$14.1m (down 27% from FY 2023).
- Profit margin: 3.0% (down from 4.1% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DGL Group Revenues Disappoint
Revenue missed analyst estimates by 1.9%.
Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Chemicals industry in Australia.
Performance of the Australian Chemicals industry.
The company's shares are down 5.8% from a week ago.
Risk Analysis
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About ASX:DGL
DGL Group
Provides specialty chemical formulation, warehousing distribution, waste management and recycling solutions in Australia, New Zealand, and the United States.
Undervalued with adequate balance sheet.