BEWi Full Year 2024 Earnings: Misses Expectations

BEWi (OB:BEWI) Full Year 2024 Results

Key Financial Results

• Revenue: €773.2m (down 30% from FY 2023).
• Net loss: €37.9m (loss widened by 111% from FY 2023).
• €0.20 loss per share (further deteriorated from €0.094 loss in FY 2023).

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

BEWi Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 86%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Chemicals industry in Norway.

Performance of the Norwegian Chemicals industry.

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

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for BEWi that you should be aware of.

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