Grupa Kety Third Quarter 2024 Earnings: EPS: zł15.15 (vs zł18.76 in 3Q 2023)

Simply Wall St

October 25, 2024

Grupa Kety (WSE:KTY) Third Quarter 2024 Results

Key Financial Results

Revenue: zł1.36b (up 3.3% from 3Q 2023).
Net income: zł147.5m (down 19% from 3Q 2023).
Profit margin: 11% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses.
EPS: zł15.15 (down from zł18.76 in 3Q 2023).

earnings-and-revenue-growth — WSE:KTY Earnings and Revenue Growth October 25th 2024

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

Grupa Kety Earnings Insights

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in Poland.

Performance of the Polish Metals and Mining industry.

The company's shares are down 10% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Grupa Kety you should be aware of, and 1 of them doesn't sit too well with us.

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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.