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Earnings Alerts

Uni President Enterprises (1216) Earnings: FY Net Income Misses Estimates

By | Earnings Alerts
  • Uni-President’s net income for the fiscal year was NT$18.34 billion, falling short of the estimated NT$22.04 billion.
  • The operating profit stood at NT$28.64 billion, which was less than the estimated NT$36.05 billion.
  • Earnings per share (EPS) were NT$3.23, lower than the estimated NT$3.81.
  • The company’s revenue was NT$581.10 billion, which was less than the estimated NT$621.91 billion.
  • Market analysts’ opinions varied with 6 buying, 9 holding, and 1 selling Uni-President’s shares.

A look at Uni President Enterprises Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Uni President Enterprises is a company that makes and sells a variety of food and drinks. They make instant noodles, dairy products, frozen foods, soft drinks, and more. They even have vending machines and food distribution centers in Taiwan. Their overall outlook is rated on a scale of 1 to 5 by Smartkarma Smart Scores, with 5 being the best. Uni President Enterprises has a score of 2 for value, 4 for dividend, 3 for growth, 2 for resilience, and 4 for momentum.

Based on these scores, it seems that Uni President Enterprises has a positive long-term outlook. The company scores well in dividend and momentum, indicating that they are able to pay out dividends to their shareholders and have a strong upward trend. They also have a decent score for growth, suggesting that the company has potential for future expansion. However, their scores for value and resilience are lower, which may indicate they are not as strong in those areas. Overall, the Smartkarma Smart Scores suggest that Uni President Enterprises is a stable and promising company for the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Accton Technology (2345) Earnings: FY Net Income Misses Expectations

By | Earnings Alerts
  • Accton Tech’s net income for the fiscal year missed estimates, coming in at NT$8.92 billion instead of the estimated NT$11.94 billion.
  • The company’s operating profit was NT$11.50 billion.
  • Earnings per share (EPS) were also below estimates. The EPS was NT$15.99, compared to the estimated NT$21.22.
  • Revenue was NT$84.19 billion, falling short of the estimated NT$99.85 billion.
  • In terms of analyst ratings, there were 11 buys, 2 holds, and 0 sells for Accton Tech.

A look at Accton Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Accton Technology Corporation, a company that specializes in computer network system products, has a bright long-term outlook based on the Smartkarma Smart Scores. With a value score of 2 and a dividend score of 2, the company shows potential for growth and profitability. Additionally, Accton Technology scores a 4 in growth, indicating potential for expansion and development in the future. With a resilience score of 5, the company is well-positioned to weather any challenges that may arise. A momentum score of 3 further adds to the positive outlook for Accton Technology, indicating a positive trend in the company’s performance. Overall, Accton Technology‘s scores indicate a promising future for the company.

Accton Technology Corporation, a leader in the production and distribution of computer network system products, has a strong long-term outlook as reflected in the Smartkarma Smart Scores. The company’s focus on research and development, manufacturing, and marketing of network equipment such as adapters, hubs, switches, routers, and bridges has resulted in a growth score of 4, showcasing its potential for expansion. With a resilience score of 5, Accton Technology has proven its ability to withstand challenges and maintain steady performance. A momentum score of 3 further solidifies the company’s positive outlook. Overall, Accton Technology‘s Smart Scores highlight its strong position in the market and future potential for growth and success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Unveiling MTR Corp (66) Earnings: FY Revenue Hits Estimates with HK$56.98 Billion

By | Earnings Alerts
  • MTR’s fiscal year revenue met the estimated revenue of HK$56.98 billion.
  • The revenue from Hong Kong Transport Operations was higher than estimated, coming in at HK$20.13 billion against the estimate of HK$19.66 billion.
  • Net income also exceeded estimates, with a total of HK$7.78 billion compared to the estimated HK$7.02 billion.
  • However, the underlying profit was lower than expected, at HK$6.36 billion against the estimate of HK$7.02 billion.
  • Looking at the market response, there were more buys than holds or sells, with 7 buys, 2 holds, and 3 sells.

A look at MTR Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

The long-term outlook for MTR Corp, a leading public transport company in Hong Kong, is looking positive, according to the Smartkarma Smart Scores. With an overall score of 3 out of 5, MTR Corp has received consistently high scores in key areas such as growth, resilience, and momentum.

MTR Corp‘s strong growth score of 5 indicates a promising future for the company, as it continues to expand its services and operations. Additionally, its resilience score of 3 suggests that MTR Corp is well-equipped to withstand any potential challenges in the market. The company’s momentum score of 3 further supports its positive outlook, as it demonstrates a steady and consistent performance.

Despite receiving an average score of 3 in both value and dividend, MTR Corp‘s overall outlook remains promising. With its diverse portfolio of services, including public transport, property development, and commercial facilities, MTR Corp is well-positioned to continue providing essential services to the people of Hong Kong and drive growth in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Aviva (AV/) Earnings Report: Final Dividend per Share Rises, Profit Up 9%, and Upgraded Dividend Guidance

By | Earnings Alerts
  • Aviva’s final dividend per share has risen to 22.3p from 20.70p year on year.
  • The company’s operating profit has increased by 9%.
  • Aviva has initiated a share buyback of Β£300 million.
  • The company has upgraded its dividend guidance, now expecting to grow the cash cost of the dividend by mid-single digits.
  • Aviva has also upgraded its Solvency II operating own funds generation target to Β£1.8 billion by 2026.
  • The company aims to generate over Β£5.8 billion in cumulative cash remittances between 2024 and 2026.
  • There have been 14 buys, 5 holds, and 0 sells of Aviva’s shares.

A look at Aviva Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Aviva PLC, an international insurance company, has received an overall outlook score of 4 out of 5 according to Smartkarma’s Smart Scores. This is a positive sign for the company’s future prospects. The company scored a 5 in both Dividend and Resilience, indicating strong stability and the potential for steady dividend payouts for investors. Additionally, Aviva scored a 4 in Momentum, suggesting positive momentum for the company’s growth. Although its Value and Growth scores were slightly lower at 3, this does not necessarily indicate a negative outlook, as the company still received an overall score of 4.

Operating in a variety of insurance and financial services, Aviva has established itself as a well-rounded and diverse company. With an emphasis on stability and strong dividend payouts, Aviva has proven to be a reliable choice for investors. The company’s positive momentum and potential for growth further solidify its long-term outlook. With an overall score of 4 out of 5, Aviva’s future is looking bright.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Rentokil Initial (RTO) Earnings Surpass Estimates with Strong FY Adjusted Pretax Profit

By | Earnings Alerts
  • Rentokil’s adjusted pretax profit for the fiscal year was GBP 766 million, which surpassed the estimated GBP 754.2 million.
  • The company declared a final dividend per share of 5.93p and a total dividend per share of 8.68p, beating the estimated 8.07p.
  • The adjusted EPS (Earnings Per Share) was 23.08p, higher than the estimated 22.36p.
  • Rentokil’s adjusted operating profit was GBP 898 million, surpassing the estimated GBP 871.4 million.
  • The company’s revenue for the fiscal year was GBP 5.38 billion, slightly higher than the estimated GBP 5.37 billion.
  • Rentokil’s pest control revenue was GBP 4.32 billion, significantly higher than the estimated GBP 4.14 billion.
  • The revenue from hygiene and wellbeing was GBP 866 million, beating the estimated GBP 831 million.
  • Workwear revenue from France was GBP 217 million, slightly above the estimated GBP 215 million.
  • Rentokil’s revenue from North America was GBP 3.31 billion, significantly higher than the estimated GBP 2.87 billion.
  • The UK and Sub-Saharan Africa revenue was GBP 394 million, lower than the estimated GBP 418.7 million.
  • The Asia and MENAT region revenue was GBP 357 million, slightly below the estimated GBP 362 million.
  • The company’s free cash flow was GBP 500 million, significantly higher than the estimated GBP 439.1 million.
  • Rentokil had net cash of GBP 3.15 billion, a significant improvement from the estimated debt of GBP 3.23 billion.
  • The Group overall delivered a good operational and financial performance in 2023, achieving 4.9% organic revenue growth and 16.6% margin. There were 11 buys, 5 holds, and 2 sells.

A look at Rentokil Initial Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE2.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Rentokil Initial is a company that offers a range of services to help businesses and government organizations run smoothly. They provide services like pest control, hygiene, workwear, and facilities management. Based on Smartkarma’s Smart Scores, Rentokil Initial has an overall outlook of 2 out of 5. This indicates that the company has room for improvement in areas like value, dividend, resilience, and momentum.

However, Rentokil Initial scores a 4 out of 5 in growth, which suggests that the company has potential for long-term growth. This is good news for investors who are looking for companies with strong growth potential. Overall, Rentokil Initial‘s Smart Scores suggest that the company has some areas to work on, but also has potential for growth in the long-term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Admiral (ADM) Earnings Report: FY Pretax Profit Misses Estimates

By | Earnings Alerts
  • Admiral Group’s pretax profit was GBP442.8 million, falling short of the estimated GBP463.6 million.
  • The company’s revenue reached GBP4.81 billion.
  • Admiral Group has a customer base of 9.73 million people.
  • The return on equity for the company stands at 36%.
  • The final dividend per share was declared at 52.0p.
  • The company’s stocks have been rated as 5 buys, 7 holds, and 5 sells.

A look at Admiral Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Admiral Group Plc, a company that primarily sells private motor insurance, is looking at a positive long-term outlook according to the Smartkarma Smart Scores. These scores, ranging from 1 to 5, indicate the overall outlook for a company based on factors such as value, dividend, growth, resilience, and momentum. For Admiral, the scores are 2 for value, 4 for dividend, 3 for growth, 2 for resilience, and 5 for momentum. This suggests that the company is performing well in terms of momentum and dividend, while still having room for growth.

Admiral Group’s core brands, Admiral, Elephant, Diamond, and Bell, are marketed directly to the public in the United Kingdom. In addition to motor insurance, the company also offers breakdown coverage and operates comparison websites in Spain, Italy, France, and the United States. With a strong focus on the motor insurance market and expanding its reach internationally, Admiral Group is poised for continued growth and success in the long run. Investors and customers can be confident in the company’s ability to perform well and provide value in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Melrose Industries (MRO) Earnings Surpass Estimates with FY Adjusted Operating Profit and Revenue Boost

By | Earnings Alerts
  • Melrose Industries reported an adjusted operating profit of GBP 390 million, which is higher than the estimated GBP 369.1 million.
  • The company’s adjusted EPS stands at 18.7p.
  • Revenue generated by Melrose Industries was GBP 3.35 billion.
  • The final dividend per share declared by the company was 3.5p.
  • Melrose Industries’ net debt was GBP 572 million, significantly lower than the estimated GBP 705.4 million.
  • The adjusted pretax profit reported by the company was GBP 331 million, which is more than the estimated GBP 309 million.
  • There were 12 buys, 2 holds and 0 sells on the company’s stock.

A look at Melrose Industries Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Melrose Industries, a global aerospace business, has been given an overall Smart Score of 3 out of 5. This indicates a positive long-term outlook for the company, with strong scores in Growth and Momentum. Growth is a key factor for success, and Melrose Industries has been given a top score of 5 in this category. This suggests that the company has a strong potential for expansion and increasing its market share in the future. Momentum, which focuses on the company’s recent performance, has also been given a high score of 5, indicating that Melrose Industries is currently on a positive trajectory.

While the company scores well in Growth and Momentum, it has received average scores in other categories. Its Value score is 3 and Resilience is also at a 3, suggesting that there is room for improvement in these areas. The Dividend score, which looks at the company’s ability to pay dividends to shareholders, is at a 2. This suggests that Melrose Industries may not be the best option for investors seeking regular dividend payments. Overall, Melrose Industries is a company with potential for growth and a positive trajectory, but investors should carefully consider all factors before making any investment decisions.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Bank Hapoalim Bm (POLI) Earnings: 4Q Net Income Rises to 1.76B Shekels Amid War Outbreak

By | Earnings Alerts
  • Bank Hapoalim reported a net income of 1.76 billion shekels for the fourth quarter, a slight increase of 0.6% compared to the same period last year.
  • The bank’s net interest income was 3.75 billion shekels, marking a decrease of 4.6% from the previous year.
  • The provision for loan losses rose by 5.3% to 453 million shekels.
  • The bank will pay a dividend of 26.3 agorot per share for the fourth quarter of 2023.
  • In response to the outbreak of war, the bank has announced a series of benefits for customers to help them cope, which may cost around 470 million shekels.
  • The bank’s board has suggested the possibility of declaring a higher dividend due to the bank’s robust financial position and significant capital surpluses.
  • The bank has increased its collective provision due to the increased probability of an economic slowdown as a result of the war and an increase in automatic charge-offs.
  • The bank noted that individual provision has remained low.
  • The bank’s performance has been rated with 6 buys, 1 hold, and 0 sells.

A look at Bank Hapoalim Bm Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience5
Momentum3
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Bank Hapoalim Bm, one of Israel’s leading banks, has a positive long-term outlook according to Smartkarma Smart Scores. The bank has received a high score of 4 for both value and dividend, indicating its strong financial performance and commitment to rewarding shareholders.

Furthermore, Bank Hapoalim Bm has received the highest score of 5 for both growth and resilience, highlighting the bank’s potential for future growth and its ability to withstand economic challenges. However, the bank scored slightly lower with a score of 3 for momentum, suggesting that it may not be experiencing rapid growth at the moment.

Overall, Bank Hapoalim Bm is a well-established bank that offers a wide range of services to its personal, corporate, and institutional clients. With operations in Israel, the Americas, and Europe, the bank is well-positioned for continued success in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Continental (CON) Earnings Forecast: Adjusted Ebit Margin Expected to Hit 6% to 7% by 2024

By | Earnings Alerts
  • Continental anticipates a 2024 adjusted Ebit margin of around 6% to 7%, estimated at 6.72%.
  • The company expects sales to be approximately EU41 billion to EU44 billion, with an estimate of EU42.9 billion.
  • A forecast for automotive revenue is in the range of EU20 billion to EU22 billion, estimated at EU21.24 billion.
  • Tires revenue is projected to be about EU14 billion to EU15 billion, with an estimate of EU14.49 billion.
  • ContiTech revenue is expected to be approximately EU6.6 billion to EU7 billion, estimated at EU7.08 billion.
  • 2023 results show sales at EU41.42 billion, a 5.1% increase year-on-year, with an estimate of EU41.8 billion.
  • The automotive revenue for 2023 was EU20.3 billion, estimated at EU20.48 billion.
  • 2023 Tires revenue was EU14.0 billion, with an estimate of EU14.21 billion.
  • ContiTech revenue for 2023 was EU6.8 billion, with an estimate of EU6.94 billion.
  • The dividend per share increased from EU1.50 to EU2.20, with an estimate of EU1.93.
  • The adjusted Ebit for 2023 was EU2.52 billion, a 32% increase year-on-year, estimated at EU2.56 billion.
  • Net income for 2023 was EU1.16 billion, compared to EU66.6 million the previous year, with an estimate of EU1.31 billion.
  • Net debt at the end of the period was EU4.04 billion, a 10% decrease year-on-year, with an estimate of EU4.22 billion.
  • Continental predicts a 2024 automotive adjusted EBIT margin of approximately 3% to 4%.
  • They also foresee a 2024 Tires adjusted EBIT margin of around 13% to 14%.
  • Continental expects a 2024 ContiTech adjusted EBIT margin of approximately 6.5% to 7.5%.
  • Capital expenditure before financial investments is expected to be around 6% to 7% of sales.
  • 2024 adjusted free cash flow is predicted to be around €0.7 billion to €1.1 billion.
  • The company expects special expenses of around €1 billion, which will impact adjusted free cash flow in fiscal 2024.
  • Higher costs for wages and salaries, expected to be around €500 million, will significantly impact earnings in fiscal 2024, with approximately half of these costs attributable to the Automotive group sector.

A look at Continental Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Continental AG, a global manufacturer of tires, automotive parts, and industrial products, has received high scores across the board in the Smartkarma Smart Scores. With a score of 5 for both Growth and Momentum, the company is showing strong potential for future success. This is further supported by a score of 4 for Value, indicating that the company is currently undervalued and could provide good returns for investors in the long run.

In addition, Continental scored a respectable 3 for both Dividend and Resilience. While not as high as the scores for Growth and Momentum, these scores still demonstrate the company’s commitment to providing reliable dividends to shareholders and its ability to weather any potential challenges in the market. Overall, the Smartkarma Smart Scores suggest a positive long-term outlook for Continental, making it an attractive option for investors looking for a solid and potentially lucrative investment in the automotive and industrial sectors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Forecasted 2024 Earnings for Brenntag AG (BNR): Anticipated Increase in Operating Ebita and Continued Recovery in Volumes

By | Earnings Alerts
  • Brenntag anticipates its 2024 operating Ebita to range between EU1.23 billion and EU1.43 billion, compared to an estimated EU1.31 billion.
  • The company’s 2023 operating Ebitda was EU1.58 billion, slightly below the estimated EU1.59 billion.
  • The operating gross profit for the year 2023 was EU4.04 billion, marking a decrease of 6.4% year on year (y/y). The estimated figure was EU4.07 billion.
  • Profit after tax in 2023 was EU721.1 million, which is a 20% decrease y/y. The estimated profit was EU749 million.
  • The dividend per share increased from EU2 to EU2.10 y/y.
  • Sales for the year 2023 were EU16.82 billion, a decline of 13% y/y. The estimated sales figure was EU17.16 billion.
  • Revenue from Essentials in 2023 was EU9.31 billion, compared to an estimated EU9.55 billion.
  • Revenue from Specialties in 2023 was EU6.98 billion, compared to an estimated EU7.23 billion.
  • Brenntag expects the sequential recovery in volumes experienced in 2023 to continue in 2024.
  • Analyst recommendations for Brenntag shares are divided: 12 buys, 7 holds, and 4 sells.

A look at Brenntag AG Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma’s Smart Scores, Brenntag AG has a promising long-term outlook. With a score of 4 for growth and 5 for momentum, the company is expected to see strong growth and positive momentum in the future. Brenntag AG sells and distributes industrial and specialty chemicals, as well as offers analysis services. Its customers come from various industries such as oil and gas, paint, cosmetics, pharmaceuticals, and water treatment, indicating a diverse and stable customer base.

While the company scores lower in value and resilience with scores of 2 and 3 respectively, this does not necessarily indicate a negative outlook. It simply means that Brenntag AG may not be undervalued and may not be as resilient as other companies in the same industry. However, with a solid growth and momentum score, the company is likely to continue to see success in the long-term. Additionally, with a dividend score of 3, Brenntag AG also offers stable returns for its shareholders. Overall, the Smartkarma Smart Scores suggest that Brenntag AG is a strong and promising company with a bright future ahead.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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