MAX Automation (ETR:MXHN) Third Quarter 2024 Results

Key Financial Results

• Revenue: €91.9m (down 16% from 3Q 2023).

• Net income: €2.28m (down 3.4% from 3Q 2023).

• Profit margin: 2.5% (up from 2.1% in 3Q 2023).

• EPS: €0.055 (down from €0.061 in 3Q 2023).

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

MAX Automation Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.

Performance of the German Machinery industry.

The company's shares are up 1.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of MAX Automation's balance sheet and an in-depth analysis of the company's financial position.

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