Borgestad (OB:BOR) First Quarter 2024 Results
Key Financial Results
- Revenue: kr222.8m (up 1.9% from 1Q 2023).
- Net loss: kr2.77m (down by 168% from kr4.09m profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Borgestad Earnings Insights
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Basic Materials industry in Europe.
Performance of the market in Norway.
The company's shares are down 1.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Borgestad (1 is a bit unpleasant!) that you need to take into consideration.
Valuation is complex, but we're here to simplify it.
Discover if Borgestad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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:BOR
Borgestad
Develops, manufactures, distributes, delivers, and installs refractory products in Norway.
Undervalued with excellent balance sheet.
