Alm. Brand Third Quarter 2024 Earnings: EPS: kr.0.20 (vs kr.0.091 in 3Q 2023)
Alm. Brand (CPH:ALMB) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr.3.42b (down 10% from 3Q 2023).
- Net income: kr.270.0m (up 92% from 3Q 2023).
- Profit margin: 7.9% (up from 3.7% in 3Q 2023).
- EPS: kr.0.20 (up from kr.0.091 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alm. Brand Earnings Insights
Looking ahead, revenue is expected to decline by 6.6% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.0%.
Performance of the market in Denmark.
The company's shares are up 1.3% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Alm. Brand (1 is a bit unpleasant!) that you should be aware of before investing here.
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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:ALMB
Proven track record with moderate growth potential.
