ElringKlinger Second Quarter 2024 Earnings: EPS: €0.15 (vs €0.04 in 2Q 2023)

ElringKlinger (ETR:ZIL2) Second Quarter 2024 Results

Key Financial Results

• Revenue: €445.0m (down 5.1% from 2Q 2023).
• Net income: €9.81m (up 314% from 2Q 2023).
• Profit margin: 2.2% (up from 0.5% in 2Q 2023). The increase in margin was driven by lower expenses.
• EPS: €0.15 (up from €0.04 in 2Q 2023).

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

ElringKlinger Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany.

Performance of the German Auto Components industry.

The company's shares are down 7.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for ElringKlinger you should be aware of.

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