Mutares SE KGaA (ETR:MUX) Second Quarter 2024 Results
Key Financial Results
- Revenue: €1.44b (up 22% from 2Q 2023).
- Net loss: €101.2m (down by 145% from €226.5m profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mutares SE KGaA Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Capital Markets industry in Germany.
Performance of the German Capital Markets industry.
The company's shares are down 1.8% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Mutares SE KGaA (2 can't be ignored!) that you should be aware of before investing here.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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 XTRA:MUX
Mutares SE KGaA
A private equity firm specializing in investments in secondary direct, special situations, bridge financing, recapitalization, distressed/vulture, management succession, reorganization, carve-outs, turnarounds, spin-offs and re-funding.
Very undervalued with mediocre balance sheet.
