NTG Nordic Transport Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

NTG Nordic Transport Group (CPH:NTG) Full Year 2024 Results

Key Financial Results

• Revenue: kr.9.35b (up 12% from FY 2023).
• Net income: kr.297.0m (down 21% from FY 2023).
• Profit margin: 3.2% (down from 4.5% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: kr.13.93 (down from kr.17.40 in FY 2023).

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

NTG Nordic Transport Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 1.8%.

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Transportation industry in Europe.

Performance of the market in Denmark.

The company's shares are up 3.2% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of NTG Nordic Transport Group's balance sheet and an in-depth analysis of the company's financial position.

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