Alexanderwerk First Half 2024 Earnings: EPS: €0.80 (vs €1.70 in 1H 2023)
Alexanderwerk (FRA:ALXA) First Half 2024 Results
Key Financial Results
- Revenue: €18.9m (down 7.7% from 1H 2023).
- Net income: €2.87m (down 6.2% from 1H 2023).
- Profit margin: 15% (in line with 1H 2023).
- EPS: €0.80 (down from €1.70 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alexanderwerk Earnings Insights
Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's shares are down 4.5% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 4 warning signs for Alexanderwerk (1 is significant!) that you need to be mindful of.
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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.
About DB:ALXA
Alexanderwerk
Engages in the development, production, and sale of dry compaction and granulation machines for the chemical, food, life science, nuclear, and pharmaceutical industries worldwide.
Excellent balance sheet with proven track record.