Nurminen Logistics Oyj Third Quarter 2024 Earnings: Revenues Disappoint

Simply Wall St

October 30, 2024

Nurminen Logistics Oyj (HEL:NLG1V) Third Quarter 2024 Results

Key Financial Results

Revenue: €26.1m (down 29% from 3Q 2023).
Net income: €5.13m (up 47% from 3Q 2023).
Profit margin: 20% (up from 9.5% in 3Q 2023).
EPS: €0.07 (up from €0.04 in 3Q 2023).

earnings-and-revenue-growth — HLSE:NLG1V Earnings and Revenue Growth October 30th 2024

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

Nurminen Logistics Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe.

Performance of the market in Finland.

The company's shares are up 6.3% from a week ago.

Risk Analysis

Be aware that Nurminen Logistics Oyj is showing 4 warning signs in our investment analysis and 2 of those are a bit unpleasant...

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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.