AS Tallinna Sadam Third Quarter 2024 Earnings: In Line With Expectations

AS Tallinna Sadam (TAL:TSM1T) Third Quarter 2024 Results

Key Financial Results

• Revenue: €31.6m (flat on 3Q 2023).
• Net income: €5.58m (down 6.5% from 3Q 2023).
• Profit margin: 18% (down from 19% in 3Q 2023).
• EPS: €0.02 (down from €0.023 in 3Q 2023).

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

AS Tallinna Sadam Earnings Insights

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Infrastructure industry in Europe.

Performance of the market in Europe.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for AS Tallinna Sadam (of which 1 is a bit concerning!) you should know about.

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.