Bonava Second Quarter 2024 Earnings: kr0.46 loss per share (vs kr0.34 profit in 2Q 2023)

Bonava (STO:BONAV B) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr2.34b (down 35% from 2Q 2023).
• Net loss: kr148.0m (down from kr37.0m profit in 2Q 2023).
• kr0.46 loss per share (down from kr0.34 profit in 2Q 2023).

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

Bonava Earnings Insights

Looking ahead, revenue is expected to decline by 19% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Sweden are expected to grow by 1.6%.

Performance of the Swedish Consumer Durables industry.

The company's shares are up 7.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Bonava that you need to take into consideration.

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