DSM-Firmenich Full Year 2024 Earnings: EPS Misses Expectations

editorial-team@simplywallst.com (Simply Wall St)

Thu, Mar 6, 2025, 9:26 PM 1 min read

DSM-Firmenich (AMS:DSFIR) Full Year 2024 Results

Key Financial Results

Revenue: €12.8b (up 20% from FY 2023).
Net income: €250.0m (up from €658.0m loss in FY 2023).
Profit margin: 2.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
EPS: €0.94 (up from €2.82 loss in FY 2023).

revenue-and-expenses-breakdown — ENXTAM:DSFIR Revenue and Expenses Breakdown March 7th 2025

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

DSM-Firmenich EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 45%.

The primary driver behind last 12 months revenue was the Perfumery & Beauty segment contributing a total revenue of €3.96b (31% of total revenue). Notably, cost of sales worth €8.55b amounted to 67% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to €1.80b (45% of total expenses). Explore how DSFIR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 4.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for DSM-Firmenich that you need to be mindful of.

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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.