- Finland
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- Paper and Forestry Products
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- HLSE:KOSKI
Koskisen Oyj Second Quarter 2024 Earnings: EPS Misses Expectations
Koskisen Oyj (HEL:KOSKI) Second Quarter 2024 Results
Key Financial Results
- Revenue: €77.9m (up 5.3% from 2Q 2023).
- Net income: €4.93m (down 50% from 2Q 2023).
- Profit margin: 6.3% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.21 (down from €0.43 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Koskisen Oyj EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%.
Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe.
Performance of the market in Finland.
The company's shares are up 4.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Koskisen Oyj you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Koskisen Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About HLSE:KOSKI
Koskisen Oyj
Operates in the wood industry in Finland, Japan, Germany, Poland, other European countries, and internationally.
Excellent balance sheet and good value.