Floridienne Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Floridienne (EBR:FLOB) Full Year 2024 Results
Key Financial Results
- Revenue: €716.2m (up 30% from FY 2023).
- Net income: €15.7m (up 344% from FY 2023).
- Profit margin: 2.2% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: €16.07 (up from €3.62 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Floridienne Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 43%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Food industry in Belgium.
Performance of the Belgian Food industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Floridienne that you need to be mindful of.
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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 ENXTBR:FLOB
Floridienne
Through its subsidiaries, operates in the chemicals, gourmet food, and life sciences sectors in Belgium and internationally.
Excellent balance sheet with proven track record.
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