FNM (BIT:FNM) Second Quarter 2024 Results
Key Financial Results
- Revenue: €135.5m (down 30% from 2Q 2023).
- Net income: €16.8m (down 28% from 2Q 2023).
- Profit margin: 12% (in line with 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
FNM Earnings Insights
Looking ahead, revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to grow by 2.6%.
Performance of the market in Italy.
The company's shares are down 4.5% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with FNM (including 2 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.
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About BIT:FNM
Established dividend payer and fair value.
