Premium Brands Holdings (TSE:PBH) Full Year 2024 Results
Key Financial Results
- Revenue: CA$6.47b (up 3.3% from FY 2023).
- Net income: CA$121.5m (up 29% from FY 2023).
- Profit margin: 1.9% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CA$2.74 (up from CA$2.12 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Premium Brands Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%.
The primary driver behind last 12 months revenue was the Specialty Foods segment contributing a total revenue of CA$4.28b (66% of total revenue). Notably, cost of sales worth CA$5.18b amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CA$795.8m (68% of total expenses). Explore how PBH's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Food industry in Canada.
Performance of the Canadian Food industry.
The company's shares are up 2.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Premium Brands Holdings that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Premium Brands Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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