Stock Analysis
Arla Plast First Quarter 2024 Earnings: EPS: kr1.30 (vs kr0.67 in 1Q 2023)
Arla Plast (STO:ARPL) First Quarter 2024 Results
Key Financial Results
- Revenue: kr247.8m (down 1.3% from 1Q 2023).
- Net income: kr27.3m (up 104% from 1Q 2023).
- Profit margin: 11% (up from 5.3% in 1Q 2023). The increase in margin was driven by lower expenses.
- EPS: kr1.30 (up from kr0.67 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Arla Plast Earnings Insights
Looking ahead, revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Sweden are expected to grow by 7.4%.
Performance of the Swedish Chemicals industry.
The company's shares are up 3.6% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for Arla Plast (1 is a bit concerning!) that you should be aware of.
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About OM:ARPL
Arla Plast
Through its subsidiary, Arla Plast s.r.o., produces and supplies extruded plastic sheets in Sweden, the United States, Nordic countries, rest of Europe, and internationally.
Flawless balance sheet with proven track record.