Emmi (VTX:EMMN) First Half 2024 Results

Key financial results

• Sales: CHF 2.02 billion (4.1% less than in the first half of 2023).

• Net profit: CHF 104.4 million (up 6.7% compared to the first half of 2023).

• Profit margin: 5.2% (compared to 4.6% in H1 2023). The increase in margin is due to lower expenses.

• Earnings per share: CHF 19.51 (compared to CHF 18.28 in the first half of 2023).

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

Insights into Emmi’s results

An average sales growth of 5.1% 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 fell 2.7 percent compared to the previous week.

Balance sheet analysis

Although it is very important to consider the income statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis of Emmi’s balance sheet health.

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