Mr Price Group reports full-year 2024 earnings

Mr Price Group (JSE:MRP) Full Year 2024 Results

Key financial results

• Revenue: R37.8b (16% increase over FY2023).

• Net profit: R3.28b (5.3% increase over FY2023).

• Profit margin: 8.7% (as of FY2023).

All data shown in the chart above is for a 12-month (TTM) period.

Mr Price Group earnings statistics

Looking ahead, revenues are forecast to grow at an average of 5.7% per annum over the next 3 years, compared to a 5.4% growth forecast for the South African specialty retail industry.

Efficiency The retail industry in South Africa.

The company’s shares increased by 5.5% compared to a week ago.

Balance sheet analysis

Just as investors need to consider earnings, it is also important to consider the strength of a company’s balance sheet. We did the analysis and you can see our take on Mr Price Group’s balance sheet.

Have an opinion on this article? Worried about content? contact with us directly. Alternatively, email the editorial team (at) simplywallst.com.

This article by Simply Wall St is of a general nature. We comment based on historical data and analyst forecasts, using only an unbiased methodology, and our articles are not intended to provide 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 long-term, focused analysis based on fundamental data. Please note that our analysis may not reflect the latest price-sensitive company announcements or qualitative content. Simply Wall St has no position in any of the stocks mentioned.

Have an opinion on this article? Worried about content? Contact us directly. You can also send an email to [email protected]