Hexicon Announces First Quarter 2024 Earnings

Hexicon (STO:HEXI) Q1 2024 Results

Key financial results

Net loss: 32.1 million kr (loss narrowed by 32% compared to the first quarter of 2023).

OM:HEXI Earnings and Revenue Growth, May 31, 2024

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

Hexicon earnings statistics

Looking ahead, revenues are forecast to grow by an average of 106% per year over the next 2 years, compared to a growth forecast of 16% for the electrical industry in Sweden.

Efficiency Swedish electrical industry.

The company’s shares fell 6.0% from a week ago.

Risk assessment

What about the risks? Every company has them and we noticed it 3 warning signs for Hexicon (2 of which make us feel uncomfortable!) you should know about.

Pricing is complex, but we help simplify it.

Find out whether Hexicon is potentially overvalued or undervalued by checking out our comprehensive analysis that covers fair value estimates, risks and warnings, dividends, insider transactions and financial condition.

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