Stock Analysis

Odfjell Technology Full Year 2024 Earnings: EPS: kr6.42 (vs kr8.72 in FY 2023)

OB:OTL
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Odfjell Technology (OB:OTL) Full Year 2024 Results

Key Financial Results

  • Revenue: kr5.43b (up 8.1% from FY 2023).
  • Net income: kr253.2m (down 26% from FY 2023).
  • Profit margin: 4.7% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: kr6.42 (down from kr8.72 in FY 2023).
earnings-and-revenue-growth
OB:OTL Earnings and Revenue Growth February 16th 2025

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

Odfjell Technology Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Energy Services industry in Norway.

Performance of the Norwegian Energy Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

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

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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.

About OB:OTL

Odfjell Technology

A technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally.

Undervalued with high growth potential.