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NTG Nordic Transport Group Second Quarter 2024 Earnings: EPS: kr.4.93 (vs kr.3.74 in 2Q 2023)
NTG Nordic Transport Group (CPH:NTG) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr.2.31b (up 8.7% from 2Q 2023).
- Net income: kr.105.0m (up 30% from 2Q 2023).
- Profit margin: 4.6% (up from 3.8% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: kr.4.93 (up from kr.3.74 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NTG Nordic Transport Group Earnings Insights
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Transportation industry in Europe.
Performance of the market in Denmark.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on NTG Nordic Transport Group's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if NTG Nordic Transport Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About CPSE:NTG
NTG Nordic Transport Group
Through its subsidiaries, provides asset-light freight forwarding services through road, rail, air, and ocean in Denmark, Sweden, the United States, Germany, Finland, and internationally.
Proven track record with adequate balance sheet.