Indutrade Full Year 2024 Earnings: In Line With Expectations

Indutrade (STO:INDT) Full Year 2024 Results

Key Financial Results

• Revenue: kr32.5b (up 2.2% from FY 2023).
• Net income: kr2.75b (down 4.0% from FY 2023).
• Profit margin: 8.4% (down from 9.0% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: kr7.55 (down from kr7.86 in FY 2023).

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

Indutrade Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

The primary driver behind last 12 months revenue was the Industrial & Engineering segment contributing a total revenue of kr7.80b (24% of total revenue). Notably, cost of sales worth kr21.1b amounted to 65% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to kr5.00b (58% of total expenses). Explore how INDT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Sweden.

Performance of the Swedish Machinery industry.

The company's shares are up 2.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Indutrade's balance sheet and an in-depth analysis of the company's financial position.

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