EuroGroup Laminations Third Quarter 2024 Earnings: EPS: €0.006 (vs €0.062 in 3Q 2023)

EuroGroup Laminations (BIT:EGLA) Third Quarter 2024 Results

Key Financial Results

• Revenue: €225.9m (up 18% from 3Q 2023).
• Net income: €1.13m (down 89% from 3Q 2023).
• Profit margin: 0.5% (down from 5.5% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.006 (down from €0.062 in 3Q 2023).

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

EuroGroup Laminations Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Electrical industry in Italy.

Performance of the Italian Electrical industry.

The company's shares are down 4.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for EuroGroup Laminations (of which 1 is a bit concerning!) you should know about.

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