Hexicon Second Quarter 2024 Earnings: kr0.13 loss per share (vs kr0.17 loss in 2Q 2023)

Hexicon (STO:HEXI) Second Quarter 2024 Results

Key Financial Results

• Net loss: kr47.7m (loss narrowed by 13% from 2Q 2023).
• kr0.13 loss per share (improved from kr0.17 loss in 2Q 2023).

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

Hexicon Earnings Insights

Looking ahead, revenue is forecast to grow 115% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electrical industry in Sweden.

Performance of the Swedish Electrical industry.

The company's shares are down 10% from a week ago.

Risk Analysis

Be aware that Hexicon is showing 3 warning signs in our investment analysis and 1 of those doesn't sit too well with us...

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.