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Svitzer Group reports results for the first half of 2024


Svitzer Group reports results for the first half of 2024

Svitzer Group (CPH:SVITZR) H1 2024 results

Key financial results

  • Net profit: 129.0 million crowns (increase of 129.0 million crowns compared to the first half of 2023).
  • Earnings per share: 4.09 kr.
Profit and sales history
CPSE:SVITZR Earnings and Sales History August 16, 2024

All figures shown in the graph above refer to the last 12 months (TTM)

Insights into the Svitzer Group’s results

An average sales growth of 3.8% per annum is expected for the next three years. In the European infrastructure sector, growth is only forecast to be 4.0%.

Development of the market in Denmark.

The company’s shares rose 3.6% compared to the previous week.

Risk analysis

We should say we have discovered 2 warning signs for the Svitzer Group that you should know before investing here.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

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