HEXPOL Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St

October 26, 2024

HEXPOL (STO:HPOL B) Third Quarter 2024 Results

Key Financial Results

Revenue: kr4.98b (down 8.9% from 3Q 2023).
Net income: kr559.0m (down 17% from 3Q 2023).
Profit margin: 11% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue.
EPS: kr1.62 (down from kr1.95 in 3Q 2023).

earnings-and-revenue-growth — OM:HPOL B Earnings and Revenue Growth October 26th 2024

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

HEXPOL Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 9.8%.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Sweden.

Performance of the Swedish Chemicals industry.

The company's shares are up 1.8% 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 HEXPOL'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 HEXPOL might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.