Citycon Oyj (HEL:CTY1S) Third Quarter 2024 Results
Key Financial Results
- Revenue: €80.5m (up 27% from 3Q 2023).
- Net loss: €2.60m (loss narrowed by 95% from 3Q 2023).
- €0.07 loss per share (improved from €0.32 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Citycon Oyj Earnings Insights
Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Real Estate industry in Finland.
Performance of the Finnish Real Estate industry.
The company's shares are up 1.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Citycon Oyj (1 is a bit unpleasant) you should be aware of.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About HLSE:CTY1S
Citycon Oyj
A real estate investment company, owns and develops mixed-use centers in the Nordic and Baltics region.
Fair value with moderate growth potential.
