Stock Analysis
Damartex (EPA:ALDAR) First Half 2024 Results
Key Financial Results
- Revenue: €292.9m (down 20% from 1H 2023).
- Net loss: €12.7m (loss widened by 347% from 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Damartex Earnings Insights
Looking ahead, revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Luxury industry in Europe are expected to grow by 7.3%.
Performance of the market in France.
The company's shares are up 6.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Damartex that you should be aware of.
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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.
About ENXTPA:ALDAR
Damartex
Offers clothing and accessories for seniors primarily in France, the Great-Britain, Belgium, and Germany.
