Lassila & Tikanoja Oyj First Quarter 2024 Earnings: €0.02 loss per share (vs €0.031 profit in 1Q 2023)

Lassila & Tikanoja Oyj (HEL:LAT1V) First Quarter 2024 Results

Key Financial Results

• Revenue: €185.0m (down 4.0% from 1Q 2023).
• Net loss: €800.0k (down by 167% from €1.20m profit in 1Q 2023).
• €0.02 loss per share (down from €0.031 profit in 1Q 2023).

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

Lassila & Tikanoja Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Commercial Services industry in Finland.

Performance of the Finnish Commercial Services industry.

The company's shares are down 2.7% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Lassila & Tikanoja Oyj.

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