Stock Analysis
Aquafil (BIT:ECNL) Third Quarter 2024 Results
Key Financial Results
- Revenue: €131.3m (down 1.4% from 3Q 2023).
- Net loss: €2.65m (loss narrowed by 80% from 3Q 2023).
- €0.053 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aquafil Earnings Insights
Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Luxury industry in Italy.
Performance of the Italian Luxury industry.
The company's shares are up 5.7% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Aquafil (at least 2 which can't be ignored), and understanding these should be part of your investment process.
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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:ECNL
Aquafil
Engages in the production, reprocessing, and sale of polyamide 6 fibers and polymers in Europe, the Middle East, Africa, Asia, Oceania, and the United States.
