Stock Analysis

Ernst Russ Full Year 2024 Earnings: Revenues Beat Expectations

XTRA:HXCK
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Ernst Russ (ETR:HXCK) Full Year 2024 Results

Key Financial Results

  • Revenue: €200.5m (down 1.1% from FY 2023).
  • Net income: €42.5m (down 23% from FY 2023).
  • Profit margin: 21% (down from 27% in FY 2023). The decrease in margin was primarily driven by higher expenses.
earnings-and-revenue-growth
XTRA:HXCK Earnings and Revenue Growth March 26th 2025

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

Ernst Russ Revenues Beat Expectations

Revenue exceeded analyst estimates by 4.7%.

Looking ahead, revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Germany are expected to grow by 3.9%.

Performance of the German Capital Markets industry.

The company's shares are up 2.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Ernst Russ that you should be aware of before investing here.

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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.