Mutares SE KGaA Reports Third Quarter 2024 Earnings

Mutares SE KGaA (ETR:MUX) Third Quarter 2024 Results

Key Financial Results

• Revenue: €1.65b (up 48% from 3Q 2023).
• Net loss: €41.2m (down by 215% from €35.7m profit in 3Q 2023).
• €1.93 loss per share.

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 12% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.

Performance of the German Capital Markets industry.

The company's shares are down 6.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Mutares SE KGaA you should be aware of, and 3 of them are concerning.

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