- Italy
- /
- Consumer Durables
- /
- BIT:RAD
Radici Pietro Industries & Brands Reports Full Year 2024 Earnings
Radici Pietro Industries & Brands (BIT:RAD) Full Year 2024 Results
Key Financial Results
- Revenue: €59.1m (up 3.6% from FY 2023).
- Net income: €1.15m (up 148% from FY 2023).
- Profit margin: 1.9% (up from 0.8% in FY 2023). The increase in margin was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Radici Pietro Industries & Brands Earnings Insights
Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Italy.
Performance of the Italian Consumer Durables industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Radici Pietro Industries & Brands that you need to take into consideration.
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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:RAD
Radici Pietro Industries & Brands
Offers textile flooring for offices, residential, and commercial establishments; and professionals in the cruise, ferry, and yacht sectors worldwide.
Mediocre balance sheet with low risk.
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