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ForFarmers earnings in the first half of 2024: Earnings per share: €0.05 (compared to €0.16 loss in the first half of 2023)


ForFarmers earnings in the first half of 2024: Earnings per share: €0.05 (compared to €0.16 loss in the first half of 2023)

ForFarmers (AMS:FFARM) H1 2024 results

Key financial results

  • Sales: €1.36 billion (16% less than in the first half of 2023).
  • Net profit: €4.00 million (after €14.4 million loss in the first half of 2023).
  • Profit margin: 0.3% (after the net loss in H1 2023).
  • Earnings per share: €0.05 (after a loss of €0.16 in the first half of 2023).
Profit and sales growth
ENXTAM:FFARM Earnings and Revenue Growth August 15, 2024

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

ForFarmers Profit Insights

An average sales growth of 2.5% per annum is expected for the next three years. In comparison, the growth forecast for the European food industry is 4.1%.

Development of the market in the Netherlands.

The company’s shares fell 5.6 percent compared to the previous week.

Risk analysis

Before you take the next step, you should know about the 2 warning signs for ForFarmers that we uncovered.

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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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