Cheffelo Full Year 2024 Earnings: EPS Beats Expectations

Cheffelo (STO:CHEF) Full Year 2024 Results

Key Financial Results

• Revenue: kr1.06b (up 5.8% from FY 2023).
• Net income: kr32.4m (up 68% from FY 2023).
• Profit margin: 3.1% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: kr2.56 (up from kr1.52 in FY 2023).

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

Cheffelo EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%.

The primary driver behind last 12 months revenue was the Norway segment contributing a total revenue of kr505.5m (48% of total revenue). Notably, cost of sales worth kr815.3m amounted to 77% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to kr156.1m (74% of total expenses). Explore how CHEF's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Food industry in Sweden.

Performance of the Swedish Food industry.

The company's shares are up 13% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Cheffelo that we have uncovered.

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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.