Stock Analysis
- Finland
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- Electronic Equipment and Components
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- HLSE:SCANFL
Scanfil Oyj First Quarter 2024 Earnings: Misses Expectations
Scanfil Oyj (HEL:SCANFL) First Quarter 2024 Results
Key Financial Results
- Revenue: €199.0m (down 11% from 1Q 2023).
- Net income: €9.80m (down 17% from 1Q 2023).
- Profit margin: 4.9% (down from 5.3% in 1Q 2023). The decrease in margin was driven by lower revenue.
- EPS: €0.15 (down from €0.18 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Scanfil Oyj Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 6.3%.
Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electronic industry in Finland.
Performance of the Finnish Electronic industry.
The company's shares are down 4.8% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Scanfil Oyj's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're helping make it simple.
Find out whether Scanfil Oyj is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About HLSE:SCANFL
Scanfil Oyj
Scanfil Oyj operates as a contract manufacturer and system supplier for the electronics industry worldwide.
Flawless balance sheet, undervalued and pays a dividend.