Evli Oyj (HEL:EVLI) Third Quarter 2024 Results
Key Financial Results
- Revenue: €26.8m (down 2.2% from 3Q 2023).
- Net income: €7.50m (down 1.3% from 3Q 2023).
- Profit margin: 28% (in line with 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Evli Oyj Revenues Disappoint
Revenue missed analyst estimates by 6.8%.
Looking ahead, revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Finland are expected to grow by 3.7%.
Performance of the Finnish Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Evli Oyj (1 is concerning!) that we have uncovered.
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About HLSE:EVLI
Evli Oyj
Operates as an asset manager serving institutional, corporate, and private clients in Finland, Sweden, and internationally.
Outstanding track record, undervalued and pays a dividend.