Electrolux Professional Third Quarter 2024 Earnings: Revenues Beat Expectations

Electrolux Professional (STO:EPRO B) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr2.93b (up 6.5% from 3Q 2023).
• Net income: kr187.0m (up 18% from 3Q 2023).
• Profit margin: 6.4% (up from 5.8% in 3Q 2023). The increase in margin was driven by higher revenue.

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

Electrolux Professional Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.2%.

Looking ahead, revenue is forecast to grow 4.6% 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 1.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Electrolux Professional that we have uncovered.

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