Stock Analysis
Sogefi (BIT:SGF) Third Quarter 2024 Results
Key Financial Results
- Revenue: €242.6m (down 8.5% from 3Q 2023).
- Net income: €3.70m (down 5.1% from 3Q 2023).
- Profit margin: 1.5% (in line with 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sogefi Earnings Insights
Looking ahead, revenue is expected to decline by 9.6% p.a. on average during the next 3 years, while revenues in the Auto Components industry in Italy are expected to grow by 2.8%.
Performance of the Italian Auto Components industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Sogefi (1 makes us a bit uncomfortable!) 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 BIT:SGF
Sogefi
Designs, develops, and produces filtration systems, suspension components, air management products, and engine cooling systems for the automotive industry in Europe, South America, North America, and Asia.
