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Knaus Tabbert announces earnings for the first quarter of 2024

Knaus Tabbert (ETR:KTA) First Quarter 2024 Results

Key financial results

  • Revenue: EUR 379.2 million (2.7% increase compared to Q1 2023).
  • Net profit: EUR 18.2 million (an increase of 7.1% compared to the first quarter of 2023).
  • Profit margin: 4.8% (up from 4.6% in Q1 2023). The increase in margin resulted from higher revenues.
XTRA:KTA Earnings and Revenue Growth May 9, 2024

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

Knaus Tabbert earnings statistics

Looking ahead, revenues are forecast to grow at an average of 7.9% per year over the next 3 years, compared to a growth forecast for the German automotive industry of 3.7%.

Efficiency German car industry.

The company’s shares increased by 8.0% compared to the week.

Risk assessment

You should always think about the risk. Example: we noticed 3 warning signs for Knaus Tabbert you should be aware of these and 2 of them are significant.

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