Stock Analysis

Bulten Second Quarter 2024 Earnings: EPS: kr1.62 (vs kr1.81 in 2Q 2023)

OM:BULTEN
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Bulten (STO:BULTEN) Second Quarter 2024 Results

Key Financial Results

  • Revenue: kr1.47b (up 3.5% from 2Q 2023).
  • Net income: kr34.0m (down 11% from 2Q 2023).
  • Profit margin: 2.3% (down from 2.7% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: kr1.62 (down from kr1.81 in 2Q 2023).
earnings-and-revenue-history
OM:BULTEN Earnings and Revenue History July 12th 2024

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

Bulten shares are down 8.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Bulten (1 makes us a bit uncomfortable!) that you need to be mindful of.

Valuation is complex, but we're here to simplify it.

Discover if Bulten 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 OM:BULTEN

Bulten

Manufactures and distributes fasteners and related services and solutions for light vehicles, heavy commercial vehicles, automotive suppliers, consumer electronics, and other industries in Sweden, Poland, Germany, the United Kingdom, rest of Europe, the United States, China, Taiwan, and internationally.

Excellent balance sheet average dividend payer.