Componenta First Half 2024 Earnings: €0.20 loss per share (vs €0.15 profit in 1H 2023)

Componenta (HEL:CTH1V) First Half 2024 Results

Key Financial Results

• Revenue: €50.0m (down 17% from 1H 2023).
• Net loss: €1.99m (down by 239% from €1.43m profit in 1H 2023).
• €0.20 loss per share (down from €0.15 profit in 1H 2023).

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

Componenta Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in Finland.

Performance of the Finnish Machinery industry.

The company's shares are up 6.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Componenta that you should be aware of.

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