In This Article:
Acadian Timber (TSE:ADN) Full Year 2024 Results
Key Financial Results
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Revenue: CA$116.2m (up 24% from FY 2023).
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Net income: CA$21.7m (down 26% from FY 2023).
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Profit margin: 19% (down from 32% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: CA$1.24 (down from CA$1.72 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Acadian Timber EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%.
Looking ahead, revenue is expected to decline by 2.9% p.a. on average during the next 2 years, while revenues in the Forestry industry in Canada are expected to grow by 5.2%.
Performance of the Canadian Forestry 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 - Acadian Timber has 3 warning signs (and 1 which is potentially serious) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.