Scanfil Oyj Full Year 2024 Earnings: EPS Misses Expectations

Scanfil Oyj (HEL:SCANFL) Full Year 2024 Results

Key Financial Results

• Revenue: €779.9m (down 14% from FY 2023).
• Net income: €38.6m (down 20% from FY 2023).
• Profit margin: 5.0% (down from 5.3% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.59 (down from €0.74 in FY 2023).

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

Scanfil Oyj EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.0%.

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Finland.

Performance of the Finnish Electronic industry.

The company's shares are up 1.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Scanfil Oyj's balance sheet.

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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.