Scandinavian Tobacco Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line
Scandinavian Tobacco Group (CPH:STG) Full Year 2024 Results
Key Financial Results
- Revenue: kr.9.20b (up 5.4% from FY 2023).
- Net income: kr.939.7m (down 21% from FY 2023).
- Profit margin: 10% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: kr.11.50 (down from kr.13.65 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Scandinavian Tobacco Group Revenues Beat Expectations
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Global Tobacco industry.
Performance of the market in Denmark.
The company's shares are down 6.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Scandinavian Tobacco Group you should know about.
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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.
About CPSE:STG
Scandinavian Tobacco Group
Manufactures and sells cigars and pipe tobacco in the United States, Europe, and internationally.
Undervalued with adequate balance sheet and pays a dividend.
