Newag Reports Third Quarter 2024 Earnings

Newag (WSE:NWG) Third Quarter 2024 Results

Key Financial Results

• Revenue: zł565.0m (up 132% from 3Q 2023).
• Net income: zł45.1m (up by zł44.4m from 3Q 2023).
• Profit margin: 8.0% (up from 0.3% in 3Q 2023). The increase in margin was driven by higher revenue.

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

Newag Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.9% growth forecast for the Machinery industry in Poland.

Performance of the Polish Machinery industry.

The company's shares are up 2.9% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Newag's balance sheet and an in-depth analysis of the company's financial position.

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