Stock Analysis
- Germany
- /
- Auto Components
- /
- XTRA:GMM
Grammer First Quarter 2024 Earnings: €0.43 loss per share (vs €0.19 profit in 1Q 2023)
Grammer (ETR:GMM) First Quarter 2024 Results
Key Financial Results
- Revenue: €556.6m (down 5.5% from 1Q 2023).
- Net loss: €6.36m (down by 329% from €2.78m profit in 1Q 2023).
- €0.43 loss per share (down from €0.19 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Grammer Earnings Insights
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany.
Performance of the German Auto Components industry.
The company's shares are up 3.8% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Grammer (1 is potentially serious!) that you should be aware of before investing here.
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About XTRA:GMM
Grammer
Engages in the development, production, and sale of components and systems for automotive interiors worldwide.
Undervalued with moderate growth potential.