Elecster Oyj Second Quarter 2024 Earnings: EPS: €0.19 (vs €0.11 loss in 2Q 2023)
Elecster Oyj (HEL:ELEAV) Second Quarter 2024 Results
Key Financial Results
- Revenue: €10.4m (up 21% from 2Q 2023).
- Net income: €707.0k (up from €403.0k loss in 2Q 2023).
- Profit margin: 6.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
- EPS: €0.19 (up from €0.11 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Elecster Oyj shares are up 7.0% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Elecster Oyj (1 shouldn't be ignored!) that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Elecster Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave 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.
About HLSE:ELEAV
Elecster Oyj
Engages in the engineering, manufacturing, and supply of dairy machinery and packaging material in Finland and internationally.
Excellent balance sheet low.