In This Article:
Stabilus (ETR:STM) Second Quarter 2024 Results
Key Financial Results
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Revenue: €313.5m (flat on 2Q 2023).
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Net income: €17.6m (down 59% from 2Q 2023).
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Profit margin: 5.6% (down from 14% in 2Q 2023).
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EPS: €0.71 (down from €1.71 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Stabilus Earnings Insights
Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's shares are up 5.2% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Stabilus that you should be aware of.
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