Viva Wine Group (STO:VIVA) Full Year 2024 Results
Key Financial Results
- Revenue: kr4.21b (up 5.8% from FY 2023).
- Net income: kr170.0m (up 60% from FY 2023).
- Profit margin: 4.0% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: kr1.91 (up from kr1.19 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Viva Wine Group Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
The primary driver behind last 12 months revenue was the Nordic segment contributing a total revenue of kr3.51b (83% of total revenue). Notably, cost of sales worth kr3.35b amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to kr496.0m (72% of total expenses). Explore how VIVA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Beverage industry in Europe.
Performance of the market in Sweden.
The company's shares are up 6.2% 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 Viva Wine Group's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're here to simplify it.
Discover if Viva Wine Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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