CALIDA Holding First Half 2024 Earnings: CHF0.12 loss per share (vs CHF0.14 profit in 1H 2023)

CALIDA Holding (VTX:CALN) First Half 2024 Results

Key Financial Results

• Revenue: CHF112.2m (down 9.4% from 1H 2023).
• Net loss: CHF1.03m (down by 185% from CHF1.21m profit in 1H 2023).
• CHF0.12 loss per share (down from CHF0.14 profit in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CALIDA Holding Earnings Insights

Looking ahead, revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Luxury industry in Europe are expected to grow by 7.7%.

Performance of the market in Switzerland.

The company's shares are down 3.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for CALIDA Holding that you should be aware 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.

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