RENK Group (FRA:R3NK) Second Quarter 2024 Results

Key Financial Results

• Net income: €10.3m (up by €10.3m from 2Q 2023).

• EPS: €0.10.

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

RENK Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 21%.

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.

Performance of the German Machinery industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - RENK Group has 1 warning sign we think you should be aware of.

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