Zug Estates Holding Full Year 2024 Earnings: Beats Expectations

Zug Estates Holding (VTX:ZUGN) Full Year 2024 Results

Key Financial Results

• Revenue: CHF88.5m (up 4.7% from FY 2023).
• Net income: CHF58.7m (up 143% from FY 2023).
• Profit margin: 66% (up from 29% in FY 2023).
• EPS: CHF115 (up from CHF47.44 in FY 2023).

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

Zug Estates Holding Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%.

The primary driver behind last 12 months revenue was the Real Estate segment contributing a total revenue of CHF79.1m (89% of total revenue). The largest operating expense was General & Administrative costs, amounting to CHF14.7m (55% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CHF6.66m. Explore how ZUGN's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Real Estate industry in Switzerland.

Performance of the Swiss Real Estate industry.

The company's shares are down 4.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Zug Estates Holding has 3 warning signs (and 2 which are concerning) we think you should know about.

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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.