Stock Analysis
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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About HLSE:CTH1V
Componenta
Provides cast iron components in Finland.