Grammer (ETR:GMM) First Quarter 2024 Results

Key Financial Results

• Revenue: €556.6m (down 5.5% from 1Q 2023).

• Net loss: €6.36m (down by 329% from €2.78m profit in 1Q 2023).

• €0.43 loss per share (down from €0.19 profit in 1Q 2023).

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

Grammer Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany.

Performance of the German Auto Components industry.

The company's shares are up 3.8% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Grammer (at least 1 which doesn't sit too well with us), and understanding these should be part of your investment process.

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