Synlait Milk (NZSE:SML) Full Year 2024 Results
Key Financial Results
- Revenue: NZ$1.64b (up 24% from FY 2023).
- Net loss: NZ$182.1m (loss widened by NZ$168.0m from FY 2023).
- NZ$0.83 loss per share (further deteriorated from NZ$0.065 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Synlait Milk Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 39%.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Food industry in New Zealand.
Performance of the New Zealander Food industry.
The company's shares are up 2.5% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Synlait Milk has 3 warning signs (and 2 which are a bit unpleasant) we think you should know about.
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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 NZSE:SML
Synlait Milk
Manufactures, markets, sells, and exports dairy products under the Dairyworks, Rolling Meadow, and Alpine brands in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally.
Fair value with moderate growth potential.
