MilDef Group Full Year 2024 Earnings: EPS Misses Expectations

MilDef Group (STO:MILDEF) Full Year 2024 Results

Key Financial Results

• Revenue: kr1.20b (up 4.3% from FY 2023).
• Net loss: kr220.3m (down by 419% from kr69.0m profit in FY 2023).
• kr5.43 loss per share (down from kr1.73 profit in FY 2023).

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

MilDef Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 38%.

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden.

Performance of the Swedish Aerospace & Defense industry.

The company's shares are up 17% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for MilDef Group that we have uncovered.

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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.