Stock Analysis
Elica (BIT:ELC) Third Quarter 2024 Results
Key Financial Results
- Revenue: €104.2m (down 1.2% from 3Q 2023).
- Net income: €5.90m (up 228% from 3Q 2023).
- Profit margin: 5.7% (up from 1.7% in 3Q 2023). The increase in margin was driven by lower expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Elica Earnings Insights
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Italy.
Performance of the Italian Consumer Durables industry.
The company's shares are down 5.2% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Elica that you should be aware of before investing here.
Valuation is complex, but we're here to simplify it.
Discover if Elica might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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:ELC
Elica
Designs, manufactures, and sells a range of hoods and extractor hobs in Europe and CIS countries, the United States, and internationally.
