SEB (EPA:SK) First Half 2024 Results
Key Financial Results
- Revenue: €3.74b (up 3.6% from 1H 2023).
- Net income: €100.1m (up 32% from 1H 2023).
- Profit margin: 2.7% (up from 2.1% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: €1.84 (up from €1.38 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SEB Earnings Insights
Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in France.
Performance of the French Consumer Durables industry.
The company's shares are down 5.3% from a week ago.
Valuation
Following the latest earnings results, SEB may be undervalued based on 6 different valuation benchmarks we assess. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
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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.
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About ENXTPA:SK
SEB
Designs, manufactures, and markets small domestic equipment worldwide.
Solid track record with excellent balance sheet and pays a dividend.
