In This Article:
Kendrion (AMS:KENDR) Second Quarter 2024 Results
Key Financial Results
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Revenue: €77.7m (down 43% from 2Q 2023).
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Net income: €1.00m (down 73% from 2Q 2023).
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Profit margin: 1.3% (down from 2.7% in 2Q 2023).
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EPS: €0.10 (down from €0.24 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kendrion Earnings Insights
Looking ahead, revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Auto Components industry in Europe are expected to grow by 4.3%.
Performance of the market in the Netherlands.
The company's shares are up 3.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Kendrion (1 makes us a bit uncomfortable!) that you need to take into consideration.
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