The Bonheur ASA (OB:BONHR) Full-Year Results Are Out And Analysts Have Published New Forecasts

Shareholders might have noticed that Bonheur ASA (OB:BONHR) filed its full-year result this time last week. The early response was not positive, with shares down 2.9% to kr236 in the past week. Bonheur reported in line with analyst predictions, delivering revenues of kr14b and statutory earnings per share of kr26.80, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimate suggests is in store for next year.

Check out our latest analysis for Bonheur

Following last week's earnings report, Bonheur's single analyst are forecasting 2025 revenues to be kr14.2b, approximately in line with the last 12 months. Statutory earnings per share are expected to plummet 29% to kr19.02 in the same period. Before this earnings report, the analyst had been forecasting revenues of kr13.7b and earnings per share (EPS) of kr26.53 in 2025. So it's pretty clear the analyst has mixed opinions on Bonheur after the latest results; even though they upped their revenue numbers, it came at the cost of a large cut to per-share earnings expectations.

The consensus price target was unchanged at kr345, suggesting the business is performing roughly in line with expectations, despite some adjustments to profit and revenue forecasts.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that Bonheur's revenue growth is expected to slow, with the forecast 1.3% annualised growth rate until the end of 2025 being well below the historical 18% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.5% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Bonheur.

The Bottom Line

The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Bonheur. They also upgraded their revenue estimates for next year, even though it is expected to grow slower than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

However, before you get too enthused, we've discovered 1 warning sign for Bonheur that 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.