Terveystalo Oyj Full Year 2024 Earnings: EPS Misses Expectations

Terveystalo Oyj (HEL:TTALO) Full Year 2024 Results

Key Financial Results

• Revenue: €1.34b (up 4.2% from FY 2023).
• Net income: €71.7m (up from €42.2m loss in FY 2023).
• Profit margin: 5.4% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: €0.57 (up from €0.33 loss in FY 2023).

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

Terveystalo Oyj EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.2%.

The primary driver behind last 12 months revenue was the Healthcare Services segment contributing a total revenue of €1.04b (78% of total revenue). Notably, cost of sales worth €977.6m amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to €102.3m (35% of total expenses). Explore how TTALO's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Healthcare industry in Europe.

Performance of the market in Finland.

The company's shares are down 6.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Terveystalo Oyj that you need to be mindful of.

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