Atrium Ljungberg Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Atrium Ljungberg (STO:ATRLJ B) Full Year 2024 Results

Key Financial Results

• Revenue: kr4.03b (up 17% from FY 2023).
• Net income: kr850.0m (up from kr954.0m loss in FY 2023).
• Profit margin: 21% (up from net loss in FY 2023).
• EPS: kr6.74 (up from kr7.57 loss in FY 2023).

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

Atrium Ljungberg Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) missed analyst estimates by 13%.

The primary driver behind last 12 months revenue was the Properties segment contributing a total revenue of kr3.05b (76% of total revenue). The most substantial expense, totaling kr1.25b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how ATRLJ B's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Sweden are expected to grow by 4.4%.

Performance of the Swedish Real Estate industry.

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

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Atrium Ljungberg (at least 1 which shouldn't be ignored), and understanding these should be part of your investment process.

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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.