OM:ITAB Earnings and Revenue Growth as at Oct 2024
Simply Wall St Value Rating: ★★★★☆☆
Overview: Rusta AB (publ) is a retailer of home and leisure products operating in Sweden, Norway, Finland, and Germany with a market cap of SEK11.93 billion.
Operations: Rusta generates revenue primarily from its operations in Sweden, Norway, and other markets, with Sweden contributing SEK6.43 billion and Norway SEK2.39 billion.
Rusta, a prominent player in the retail sector, has been making waves with its robust earnings growth of 47.5% over the past year, outpacing the industry average. Trading at 70.3% below estimated fair value, Rusta seems to offer significant investment potential. Recent expansions include new stores in Sweden and Norway, bringing their total to 217 locations. The company reported Q1 sales of SEK 3 billion and net income of SEK 231 million, reflecting solid financial health and strategic growth initiatives.
OM:RUSTA Earnings and Revenue Growth as at Oct 2024
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include OM:CLA B OM:ITAB and OM:RUSTA.
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Publish date : 2024-10-06 19:04:00
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