Netel Holding Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Netel Holding (STO:NETEL) Full Year 2024 Results

Key Financial Results

• Revenue: kr3.33b (down 3.7% from FY 2023).
• Net income: kr58.0m (up 32% from FY 2023).
• Profit margin: 1.7% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: kr1.20 (up from kr0.91 in FY 2023).

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

Netel Holding Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Construction industry in Sweden.

Performance of the Swedish Construction industry.

The company's shares are up 5.8% from a week ago.

Risk Analysis

Be aware that Netel Holding is showing 2 warning signs in our investment analysis and 1 of those is concerning...

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