Argent Industrial Full Year 2024 Earnings: EPS: R4.42 (vs R4.13 in FY 2023)

Argent Industrial (JSE:ART) Full Year 2024 Results

Key Financial Results

• Revenue: R2.54b (up 3.5% from FY 2023).
• Net income: R244.9m (up 6.2% from FY 2023).
• Profit margin: 9.6% (in line with FY 2023).
• EPS: R4.42 (up from R4.13 in FY 2023).

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

The primary driver behind last 12 months revenue was the Manufacturing segment contributing a total revenue of R2.16b (85% of total revenue). Notably, cost of sales worth R1.82b amounted to 72% of total revenue thereby underscoring the impact on earnings.Explore how ART's revenue and expenses shape its earnings.

Argent Industrial's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Argent Industrial is showing 2 warning signs in our investment analysis that you should know about...

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