Fiera Milano (BIT:FM) Second Quarter 2024 Results
Key Financial Results
- Revenue: €72.0m (down 14% from 2Q 2023).
- Net income: €15.1m (down 13% from 2Q 2023).
- Profit margin: 21% (in line with 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fiera Milano Earnings Insights
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Media industry in Italy.
Performance of the Italian Media industry.
The company's shares are down 8.7% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Fiera Milano (1 shouldn't be ignored!) that you should be aware of before investing here.
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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.
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About BIT:FM
Fiera Milano
Fiera Milano SpA, together with its subsidiaries, organizes and hosts shows and international events and fairs in Italy and internationally.
Fair value with acceptable track record.
