ARYZTA First Half 2024 Earnings: EPS: €0.041 (vs €0.038 in 1H 2023)

ARYZTA (VTX:ARYN) First Half 2024 Results

Key Financial Results

• Revenue: €1.06b (down 2.8% from 1H 2023).
• Net income: €40.7m (up 8.5% from 1H 2023).
• Profit margin: 3.9% (up from 3.5% in 1H 2023). The increase in margin was driven by lower expenses.
• EPS: €0.041 (up from €0.038 in 1H 2023).

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

ARYZTA Earnings Insights

Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Food industry in Switzerland.

Performance of the Swiss Food industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for ARYZTA that you need to take into consideration.

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