VAT Group (VTX:VACN) Full Year 2024 Results
Key Financial Results
- Revenue: CHF942.2m (up 6.4% from FY 2023).
- Net income: CHF211.8m (up 11% from FY 2023).
- Profit margin: 23% (up from 22% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CHF7.07 (up from CHF6.35 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
VAT Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in Switzerland.
Performance of the Swiss Machinery industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for VAT Group that you need to take into consideration.
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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 SWX:VACN
VAT Group
Develops, manufactures, and supplies vacuum valves, multi-valve units, vacuum modules, and edge-welded metal bellows in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally.
Flawless balance sheet with solid track record.
