ISS Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

ISS (CPH:ISS) Full Year 2024 Results

Key Financial Results

• Revenue: kr.83.8b (up 6.5% from FY 2023).
• Net income: kr.2.63b (up 36% from FY 2023).
• Profit margin: 3.1% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: kr.14.55 (up from kr.10.42 in FY 2023).

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

ISS Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

The primary driver behind last 12 months revenue was the Northern Europe segment contributing a total revenue of kr.31.3b (37% of total revenue). The largest operating expense was General & Administrative costs, amounting to kr.52.9b (72% of total expenses). Explore how ISS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Europe.

Performance of the market in Denmark.

The company's shares are up 16% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for ISS that you should be aware of.

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.