Bravida Holding Full Year 2024 Earnings: EPS Misses Expectations

Bravida Holding (STO:BRAV) Full Year 2024 Results

Key Financial Results

• Revenue: kr29.7b (flat on FY 2023).
• Net income: kr1.06b (down 14% from FY 2023).
• Profit margin: 3.6% (down from 4.2% in FY 2023).
• EPS: kr5.17 (down from kr6.02 in FY 2023).

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

Bravida Holding EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%.

The primary driver behind last 12 months revenue was the Sweden segment contributing a total revenue of kr14.1b (48% of total revenue). Notably, cost of sales worth kr25.4b amounted to 86% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to kr2.76b (85% of total expenses). Explore how BRAV's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Sweden.

Performance of the Swedish Commercial Services industry.

The company's shares are up 7.7% 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. See our latest analysis on Bravida Holding's balance sheet health.

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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.