Deutsche EuroShop (ETR:DEQ) Full Year 2024 Results
Key Financial Results
- Revenue: €288.0m (up 3.5% from FY 2023).
- Net income: €123.5m (up from €38.3m loss in FY 2023).
- Profit margin: 43% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
- EPS: €1.62 (up from €0.51 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Deutsche EuroShop EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 11%.
The primary driver behind last 12 months revenue was the Germany segment contributing a total revenue of €207.0m (72% of total revenue). The most substantial expense, totaling €117.3m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how DEQ's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to fall by 2.0% p.a. on average during the next 2 years compared to a 17% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are down 5.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Deutsche EuroShop (1 is concerning!) that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Deutsche EuroShop might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave 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.