Ilkka Oyj Second Quarter 2024 Earnings: EPS: €0.15 (vs €0.18 in 2Q 2023)

Ilkka Oyj (HEL:ILKKA2) Second Quarter 2024 Results

Key Financial Results

• Revenue: €14.3m (down 6.8% from 2Q 2023).
• Net income: €3.94m (down 12% from 2Q 2023).
• Profit margin: 28% (down from 29% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.15 (down from €0.18 in 2Q 2023).

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

Ilkka Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Media industry in Europe.

Performance of the market in Finland.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Ilkka Oyj (of which 2 are a bit unpleasant!) you should know about.

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