Aallon Group Oyj Full Year 2024 Earnings: Revenues In Line With Expectations

Aallon Group Oyj (HEL:AALLON) Full Year 2024 Results

Key Financial Results

• Revenue: €35.5m (up 8.0% from FY 2023).
• Net income: €2.36m (up 33% from FY 2023).
• Profit margin: 6.7% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue.

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

Aallon Group Oyj Meets Expectations

Revenue was in line with analyst estimates.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Professional Services industry in Finland.

Performance of the Finnish Professional Services industry.

The company's shares are up 8.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Aallon Group Oyj you should know about.

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.