Grammer (ETR:GMM) Second Quarter 2024 Results

Key Financial Results

• Revenue: €558.0m (down 4.4% from 2Q 2023).

• Net income: €2.64m (up from €3.52m loss in 2Q 2023).

• Profit margin: 0.5% (up from net loss in 2Q 2023).

• EPS: €0.18 (up from €0.24 loss in 2Q 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 4.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany.

Performance of the German Auto Components industry.

The company's shares are up 3.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Grammer that you should be aware of.

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