Bonheur Second Quarter 2024 Earnings: Beats Expectations

Bonheur (OB:BONHR) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr4.28b (up 51% from 2Q 2023).
• Net income: kr596.3m (up 36% from 2Q 2023).
• Profit margin: 14% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: kr14.00 (up from kr10.33 in 2Q 2023).

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

Bonheur Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 126%.

Looking ahead, revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Industrials industry in Europe are expected to grow by 4.9%.

Performance of the market in Norway.

The company's shares are up 6.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Bonheur has 1 warning sign we think you should be aware of.

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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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