Stabilus Second Quarter 2024 Earnings: EPS: €0.71 (vs €1.71 in 2Q 2023)

In This Article:

Stabilus (ETR:STM) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €313.5m (flat on 2Q 2023).

  • Net income: €17.6m (down 59% from 2Q 2023).

  • Profit margin: 5.6% (down from 14% in 2Q 2023).

  • EPS: €0.71 (down from €1.71 in 2Q 2023).

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XTRA:STM Earnings and Revenue Growth May 9th 2024

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

Stabilus Earnings Insights

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany.

Performance of the German Machinery industry.

The company's shares are up 5.2% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Stabilus that you should be aware of.

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