Midsona Full Year 2024 Earnings: EPS Beats Expectations

Midsona (STO:MSON B) Full Year 2024 Results

Key Financial Results

• Revenue: kr3.73b (down 1.7% from FY 2023).
• Net income: kr47.0m (up from kr53.0m loss in FY 2023).
• Profit margin: 1.3% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
• EPS: kr0.33 (up from kr0.36 loss in FY 2023).

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

Midsona EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Food industry in Sweden.

Performance of the Swedish Food industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Midsona's balance sheet and an in-depth analysis of the company's financial position.

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