Elica Full Year 2024 Earnings: Revenues In Line With Expectations

Elica (BIT:ELC) Full Year 2024 Results

Key Financial Results

• Revenue: €452.1m (down 5.0% from FY 2023).
• Net income: €7.90m (down 19% from FY 2023).
• Profit margin: 1.7% (down from 2.1% in FY 2023).

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

Elica Meets Expectations

Revenue was in line with analyst estimates.

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Consumer Durables industry in Italy.

Performance of the Italian Consumer Durables industry.

The company's shares are down 7.6% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Elica (including 1 which shouldn't be ignored).

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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.