Momentum Group Full Year 2024 Earnings: EPS: kr3.60 (vs kr3.45 in FY 2023)

Momentum Group (STO:MMGR B) Full Year 2024 Results

Key Financial Results

• Revenue: kr2.88b (up 25% from FY 2023).
• Net income: kr178.0m (up 4.7% from FY 2023).
• Profit margin: 6.2% (down from 7.4% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: kr3.60 (up from kr3.45 in FY 2023).

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

Momentum Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Trade Distributors industry in Sweden.

Performance of the Swedish Trade Distributors industry.

The company's shares are up 6.2% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Momentum Group's balance sheet health.

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