Kreate Group Oyj Full Year 2024 Earnings: EPS Beats Expectations

Kreate Group Oyj (HEL:KREATE) Full Year 2024 Results

Key Financial Results

• Revenue: €275.5m (down 14% from FY 2023).
• Net income: €4.40m (up 19% from FY 2023).
• Profit margin: 1.6% (up from 1.2% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: €0.50 (up from €0.44 in FY 2023).

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

Kreate Group Oyj EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.5%.

In the last 12 months, the only revenue segment was Infrastructure Construction contributing €275.5m. Notably, cost of sales worth €203.6m amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €44.1m (65% of total expenses). Explore how KREATE's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Construction industry in Europe.

Performance of the market in Finland.

The company's shares are up 5.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Kreate Group Oyj (3 don't sit too well with us!) that you should be aware of.

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