engcon (STO:ENGCON B) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr412.0m (up 5.4% from 3Q 2023).
- Net income: kr60.0m (up 50% from 3Q 2023).
- Profit margin: 15% (up from 10% in 3Q 2023).
- EPS: kr0.40 (up from kr0.26 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
engcon Earnings Insights
Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Sweden.
Performance of the Swedish Machinery industry.
The company's shares are up 24% from a week ago.
Valuation
Our analysis of these results suggests engcon may be overvalued based on 6 important criteria we look at. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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:ENGCON B
engcon
Engages in the design, production, and sale of excavator tools in Sweden, Denmark, Norway, Finland, rest of Europe, North and South America, Japan, South Korea, Australia, New Zealand, and internationally.
Exceptional growth potential with excellent balance sheet.
