ForFarmers First Half 2024 Earnings: EPS: €0.05 (vs €0.16 loss in 1H 2023)

ForFarmers (AMS:FFARM) First Half 2024 Results

Key Financial Results

• Revenue: €1.36b (down 16% from 1H 2023).
• Net income: €4.00m (up from €14.4m loss in 1H 2023).
• Profit margin: 0.3% (up from net loss in 1H 2023).
• EPS: €0.05 (up from €0.16 loss in 1H 2023).

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

ForFarmers Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Food industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 5.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for ForFarmers that we have uncovered.

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