In This Article:
Deutsche EuroShop (ETR:DEQ) Full Year 2024 Results
Key Financial Results
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Revenue: €271.4m (down 2.5% from FY 2023).
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Net income: €123.5m (up from €38.3m loss in FY 2023).
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Profit margin: 46% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
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EPS: €1.62 (up from €0.51 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Deutsche EuroShop EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 2 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 down 2.4% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Deutsche EuroShop.
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