Stock Analysis

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

Published
ENXTAM:FFARM

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).
ENXTAM:FFARM Earnings and Revenue Growth August 15th 2024

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.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.