Friedrich Vorwerk Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Friedrich Vorwerk Group (ETR:VH2) Full Year 2024 Results

Key Financial Results

• Revenue: €510.2m (up 36% from FY 2023).
• Net income: €35.8m (up 253% from FY 2023).
• Profit margin: 7.0% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: €1.79 (up from €0.51 in FY 2023).

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

Friedrich Vorwerk Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 4.3%.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat.

Performance of the market in Germany.

The company's shares are down 2.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Friedrich Vorwerk Group's balance sheet and an in-depth analysis of the company's financial position.

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