One of the hottest ongoing debates in the stock market is about the sustainability of historically high profit margins. High profit margins have allowed companies to amplify modest sales growth into ...
Bang & Olufsen delivered a record-high gross margin and an improved EBIT margin for 2023/24 despite a decline in revenue. Group revenue was DKK 2,588m, 5% down year-on-year in local currencies.
Wide-moat Novozymes NZYM B reported third-quarter EBIT before special items of DKK 1.2 billion, down 10% versus 2022 but 6% ahead of consensus. The EBIT margin, at 26.6%, marked a sequential ...
BMW reported a strong 1Q23 with a 14.6% EBIT margin, indicating potential for surpassing consensus EBIT figures and achieving margins greater than the 8-10% guidance. The company's significant capital ...
CEO Marc Bitzer highlighted a solid Q1 performance with 2% organic sales growth and EBIT margins of almost 6%, despite a challenging macroeconomic environment. He emphasized the strong domestic ...
Morgan Stanley analyst Simeon Gutman reiterated an Overweight rating on the shares of Home Depot Inc (NYSE:HD) with a price target of $320. Home Depot is hosting its 2023 Investor Conference on ...
KUALA LUMPUR: CGS International expects Malaysian glove producers’ earnings before interest and taxes (EBIT) margins to remain subdued at US$0.50 per 1,000 pieces in calendar year 2024 (CY2024), with ...