In This Article:
Strip Tinning Holdings (LON:STG) First Half 2024 Results
Key Financial Results
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Revenue: UK£4.78m (down 15% from 1H 2023).
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Net loss: UK£2.62m (loss widened by 495% from 1H 2023).
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UK£0.15 loss per share (further deteriorated from UK£0.029 loss in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Strip Tinning Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in the United Kingdom.
Performance of the British Auto Components industry.
The company's shares are down 1.4% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Strip Tinning Holdings (including 3 which can't be ignored).
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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.