Stock Analysis

Atria Oyj First Quarter 2024 Earnings: Revenues Beat Expectations

Simply Wall St

April 24, 2024

Atria Oyj (HEL:ATRAV) First Quarter 2024 Results

Key Financial Results

Revenue: €416.8m (down 2.6% from 1Q 2023).
Net income: €2.80m (down 56% from 1Q 2023).
Profit margin: 0.7% (down from 1.5% in 1Q 2023).

earnings-and-revenue-growth — HLSE:ATRAV Earnings and Revenue Growth April 24th 2024

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

Atria Oyj Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.7%.

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Food industry in Finland.

Performance of the Finnish Food industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Atria Oyj has 1 warning sign we think you should be aware of.

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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.