Arteche Lantegi Elkartea Full Year 2024 Earnings: Revenues Miss Expectations

Arteche Lantegi Elkartea (BME:ART) Full Year 2024 Results

Key Financial Results

• Revenue: €454.2m (up 11% from FY 2023).
• Net income: €21.3m (up 77% from FY 2023).
• Profit margin: 4.7% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue.

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

Arteche Lantegi Elkartea Revenues Disappoint

Revenue missed analyst estimates by 1.5%.

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Electrical industry in Europe.

Performance of the market in Spain.

The company's shares are up 2.6% from a week ago.

Risk Analysis

Be aware that Arteche Lantegi Elkartea is showing 1 warning sign in our investment analysis that you should know about...

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