Stock Analysis
Nordic Flanges Group First Quarter 2024 Earnings: kr0.039 loss per share (vs kr0.023 profit in 1Q 2023)
Nordic Flanges Group (STO:NFGAB) First Quarter 2024 Results
Key Financial Results
- Revenue: kr61.1m (down 25% from 1Q 2023).
- Net loss: kr3.28m (down by 267% from kr1.96m profit in 1Q 2023).
- kr0.039 loss per share (down from kr0.023 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nordic Flanges Group shares are down 7.0% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Nordic Flanges Group you should be aware of.
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About OM:NFGAB
Nordic Flanges Group
Nordic Flanges Group AB (publ) produces and sells industrial flanges in Sweden, rest of the Nordic region, and internationally.
Mediocre balance sheet and slightly overvalued.
