Stock Analysis
- Sweden
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- Trade Distributors
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- OM:ALLIGO B
Alligo First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Alligo (STO:ALLIGO B) First Quarter 2024 Results
Key Financial Results
- Revenue: kr2.20b (down 3.6% from 1Q 2023).
- Net income: kr23.0m (down 66% from 1Q 2023).
- Profit margin: 1.0% (down from 3.0% in 1Q 2023). The decrease in margin was driven by lower revenue.
- EPS: kr0.46 (down from kr1.35 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alligo Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 47%.
Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Trade Distributors industry in Sweden.
Performance of the Swedish Trade Distributors industry.
The company's shares are down 4.3% from a week ago.
Risk Analysis
Be aware that Alligo is showing 2 warning signs in our investment analysis that you should know about...
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About OM:ALLIGO B
Alligo
Alligo AB (publ) engages in the sale of workwear, and personal protection equipment, tools, and consumables in the Nordic region.
Undervalued with adequate balance sheet.