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ARYZTA earnings in H1 2024: EPS: €0.041 (compared to €0.038 in H1 2023)


ARYZTA earnings in H1 2024: EPS: €0.041 (compared to €0.038 in H1 2023)

ARYZTA (VTX:ARYN) First Half 2024 Results

Key financial results

  • Sales: €1.06 billion (down 2.8% compared to the first half of 2023).
  • Net profit: €40.7 million (up 8.5% compared to the first half of 2023).
  • Profit margin: 3.9% (compared to 3.5% in H1 2023). The increase in margin is due to lower expenses.
  • Earnings per share: €0.041 (compared to €0.038 in the first half of 2023).
Profit and sales growth
SWX:ARYN Earnings and sales growth August 15, 2024

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

ARYZTA Earnings Insights

An average sales growth of 4.0% per annum is expected for the next three years. In contrast, growth of 3.8% is forecast for the food industry in Switzerland.

Performance of Swiss food industry.

The company’s shares rose 1.4% compared to the previous week.

Risk analysis

However, it is worth noting that we have found 1 warning sign for ARYZTA that you need to take into account.

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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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