Stock Analysis
NCAB Group First Quarter 2024 Earnings: EPS: kr0.48 (vs kr0.67 in 1Q 2023)
NCAB Group (STO:NCAB) First Quarter 2024 Results
Key Financial Results
- Revenue: kr955.3m (down 17% from 1Q 2023).
- Net income: kr89.8m (down 28% from 1Q 2023).
- Profit margin: 9.4% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue.
- EPS: kr0.48 (down from kr0.67 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NCAB Group Earnings Insights
Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden.
Performance of the Swedish Electronic industry.
The company's shares are up 6.8% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with NCAB Group.
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About OM:NCAB
NCAB Group
NCAB Group AB (publ) manufactures and sells printed circuit boards (PCBs) in Sweden, Nordic region, rest of Europe, North America, and Asia.
Excellent balance sheet with moderate growth potential.