Altri SGPS (ELI:ALTR) Full Year 2024 Results
Key Financial Results
- Revenue: €710.4m (down 5.6% from FY 2023).
- Net income: €107.2m (up 151% from FY 2023).
- Profit margin: 15% (up from 5.7% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: €0.52 (up from €0.21 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Altri SGPS Earnings Insights
In the last 12 months, the only revenue segment was The Production and Commercialization of Cellulosic Fibers contributing €710.4m. Notably, cost of sales worth €568.9m amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to €60.7m (46% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of €97.7m. Explore how ALTR's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Forestry industry in Europe.
Performance of the market in Portugal.
The company's shares are up 1.3% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Altri SGPS (1 is a bit concerning!) that you need to take into consideration.
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