Pierce Group Full Year 2024 Earnings: EPS: kr0.45 (vs kr1.21 loss in FY 2023)

Pierce Group (STO:PIERCE) Full Year 2024 Results

Key Financial Results

• Revenue: kr1.63b (up 5.9% from FY 2023).
• Net income: kr36.0m (up from kr96.0m loss in FY 2023).
• Profit margin: 2.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
• EPS: kr0.45 (up from kr1.21 loss in FY 2023).

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

Pierce Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are up 5.5% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Pierce Group that you should be aware of before investing here.

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