Stock Analysis

VEOM Group Reports First Half 2024 Earnings

ENXTPA:ALVG
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VEOM Group (EPA:ALVG) First Half 2024 Results

Key Financial Results

  • Revenue: €10.2m (down 15% from 1H 2023).
  • Net loss: €1.80m (loss widened by 64% from 1H 2023).
earnings-and-revenue-growth
ENXTPA:ALVG Earnings and Revenue Growth September 30th 2024

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

VEOM Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in France.

Performance of the French Electronic industry.

The company's shares are down 1.9% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with VEOM Group (including 2 which are a bit concerning).

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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.