Nurminen Logistics Oyj Third Quarter 2024 Earnings: Revenues Disappoint

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).

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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