TAKKT Second Quarter 2024 Earnings: EPS: €0.034 (vs €0.19 in 2Q 2023)

TAKKT (ETR:TTK) Second Quarter 2024 Results

Key Financial Results

• Revenue: €260.6m (down 18% from 2Q 2023).
• Net income: €2.20m (down 82% from 2Q 2023).
• Profit margin: 0.8% (down from 3.8% in 2Q 2023).
• EPS: €0.034 (down from €0.19 in 2Q 2023).

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

TAKKT Earnings Insights

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany.

Performance of the German Commercial Services industry.

The company's shares are down 5.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for TAKKT that we have uncovered.

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