Cheffelo (STO:CHEF) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr216.3m (up 2.5% from 3Q 2023).
- Net loss: kr12.1m (loss narrowed by 3.2% from 3Q 2023).
- kr0.96 loss per share (improved from kr0.99 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cheffelo EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Food industry in Sweden.
Performance of the Swedish Food industry.
The company's shares are down 1.2% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Cheffelo that you need to be mindful of.
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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.
About OM:CHEF
Cheffelo
Engages in the supply and delivery of meal kits to the customer's front door in Sweden, Norway, and Denmark.
Very undervalued with reasonable growth potential.
