Fine Foods & Pharmaceuticals N.T.M Reports Third Quarter 2024 Earnings

Fine Foods & Pharmaceuticals N.T.M (BIT:FF) Third Quarter 2024 Results

Key Financial Results

• Revenue: €55.1m (down 5.3% from 3Q 2023).
• Net income: €2.14m (up from €97.1k loss in 3Q 2023).
• Profit margin: 3.9% (up from net loss in 3Q 2023).

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

Fine Foods & Pharmaceuticals N.T.M Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Life Sciences industry in Europe.

Performance of the market in Italy.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Fine Foods & Pharmaceuticals N.T.M that you should be aware of.

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