Ambu Third Quarter 2024 Earnings: EPS Beats Expectations

Simply Wall St · 6d ago

Ambu (CPH:AMBU B) Third Quarter 2024 Results

Key Financial Results

  • Revenue: kr.1.38b (up 16% from 3Q 2023).
  • Net income: kr.134.0m (up 163% from 3Q 2023).
  • Profit margin: 9.7% (up from 4.3% in 3Q 2023). The increase in margin was driven by higher revenue.
  • EPS: kr.0.50 (up from kr.0.19 in 3Q 2023).
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CPSE:AMBU B Earnings and Revenue Growth September 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ambu Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Medical Equipment industry in Europe.

Performance of the market in Denmark.

The company's shares are down 13% from a week ago.

Valuation

Our analysis of these results suggests Ambu may be overvalued based on 6 important criteria we look at. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.