Kalmar Oyj Full Year 2024 Earnings: EPS Misses Expectations

Kalmar Oyj (HEL:KALMAR) Full Year 2024 Results

Key Financial Results

• Revenue: €1.72b (down 16% from FY 2023).
• Net income: €127.9m (down 34% from FY 2023).
• Profit margin: 7.4% (down from 9.5% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: €1.99.

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

Kalmar Oyj EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.8%.

The primary driver behind last 12 months revenue was the Equipment segment contributing a total revenue of €1.16b (67% of total revenue). Notably, cost of sales worth €1.27b amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €110.0m (34% of total expenses). Explore how KALMAR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Finland.

Performance of the Finnish Machinery industry.

The company's shares are up 5.2% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Kalmar Oyj's balance sheet health.

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.