In This Article:
Aroundtown (ETR:AT1) Full Year 2024 Results
Key Financial Results
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Revenue: €1.50b (up 3.2% from FY 2023).
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Net income: €52.9m (up from €1.99b loss in FY 2023).
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Profit margin: 3.5% (up from net loss in FY 2023).
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EPS: €0.048 (up from €1.82 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aroundtown EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates.
The primary driver behind last 12 months revenue was the Commercial Portfolio segment contributing a total revenue of €946.9m (63% of total revenue). The most substantial expense, totaling €831.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how AT1's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are up 5.3% 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 Aroundtown (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.
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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.