EDAG Engineering Group (ETR:ED4) Third Quarter 2024 Results

Key Financial Results

• Revenue: €208.6m (flat on 3Q 2023).

• Net income: €5.21m (down 46% from 3Q 2023).

• Profit margin: 2.5% (down from 4.6% in 3Q 2023).

• EPS: €0.21 (down from €0.38 in 3Q 2023).

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

EDAG Engineering Group Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto Components industry in Germany.

Performance of the German Auto Components industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for EDAG Engineering Group that you need to take into consideration.

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