medmix First Half 2024 Earnings: EPS: CHF0.12 (vs CHF0.18 in 1H 2023)

medmix (VTX:MEDX) First Half 2024 Results

Key Financial Results

• Revenue: CHF241.2m (down 2.8% from 1H 2023).
• Net income: CHF5.20m (down 29% from 1H 2023).
• Profit margin: 2.2% (down from 2.9% in 1H 2023).
• EPS: CHF0.12 (down from CHF0.18 in 1H 2023).

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

medmix Earnings Insights

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in Switzerland.

Performance of the Swiss Medical Equipment industry.

The company's shares are down 9.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for medmix (of which 1 shouldn't be ignored!) you should know about.

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