Evonik Industries Full Year 2024 Earnings: EPS Misses Expectations
Evonik Industries (ETR:EVK) Full Year 2024 Results
Key Financial Results
- Revenue: €15.2b (flat on FY 2023).
- Net income: €222.0m (up from €465.0m loss in FY 2023).
- Profit margin: 1.5% (up from net loss in FY 2023).
- EPS: €0.48 (up from €1.00 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Evonik Industries EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 54%.
Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Chemicals industry in Germany.
Performance of the German Chemicals industry.
The company's shares are up 15% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Evonik Industries that you should be aware of.
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About XTRA:EVK
Evonik Industries
Produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America.
Excellent balance sheet established dividend payer.