HKFoods Oyj Full Year 2024 Earnings: EPS Misses Expectations

HKFoods Oyj (HEL:HKFOODS) Full Year 2024 Results

Key Financial Results

• Revenue: €1.00b (down 14% from FY 2023).
• Net loss: €9.30m (loss narrowed by 56% from FY 2023).
• €0.10 loss per share (improved from €0.22 loss in FY 2023).

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

HKFoods Oyj EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

In the last 12 months, the only revenue segment was Food Processing contributing €1.00b. Notably, cost of sales worth €925.0m amounted to 92% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €36.0m (42% of total expenses). Explore how HKFOODS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Food industry in Finland.

Performance of the Finnish Food industry.

The company's shares are up 10% from a week ago.

Risk Analysis

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

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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.