Stock Analysis
Aeffe (BIT:AEF) First Quarter 2024 Results
Key Financial Results
- Revenue: €81.9m (down 16% from 1Q 2023).
- Net loss: €5.61m (loss widened by €5.29m from 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aeffe Earnings Insights
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Luxury industry in Italy.
Performance of the Italian Luxury industry.
The company's shares are down 7.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Aeffe 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:AEF
Aeffe
Designs, produces, and distributes fashion and luxury goods worldwide.
