Desenio Group First Quarter 2024 Earnings: kr0.05 loss per share (vs kr0.038 profit in 1Q 2023)

Desenio Group (STO:DSNO) First Quarter 2024 Results

Key Financial Results

• Revenue: kr228.9m (down 12% from 1Q 2023).
• Net loss: kr7.50m (down by 234% from kr5.60m profit in 1Q 2023).
• kr0.05 loss per share (down from kr0.038 profit in 1Q 2023).

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

Desenio Group Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Be aware that Desenio Group is showing 3 warning signs in our investment analysis that you should know about...

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