Earnings Alerts

Ems-Chemie Holding Ag (EMSN) Earnings: 1Q Net Sales Down Amidst Economic Challenges, Predicts 2024 Performance On Par with Previous Year

  • EMS-Chemie reports 1Q net sales of CHF 545 million, indicating an 11% decrease compared to the same period last year.
  • The revenue from chemicals was CHF 52 million, a 13% yearly decrease.
  • Polymers revenue stood at CHF 493 million, falling by 11% year on year.
  • Despite facing a challenging economic environment, EMS continues to predict a stable net sale at the previous year’s level in 2024.
  • Economic challenges cited by EMS include geopolitical conflicts and delay in interest rate cuts.
  • These challenges could potentially dampen the demand in the market.
  • EMS also notes that higher energy prices could increase raw material and freight costs.
  • The company nevertheless projects the net operation income (EBIT) for 2024 to be slightly above the previous year.
  • Investors appear to maintain a generally neutral stance towards the company, with 1 buying, 7 holding, and 1 selling.

A look at Ems-Chemie Holding Ag Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

SmartKarma Smart Scores provide valuable insights into the long-term outlook for Ems-Chemie Holding Ag. With a strong score of 4 in Dividend and Momentum, the company is positioned well for consistent dividend payouts and positive price momentum. Additionally, Ems-Chemie Holding Ag scores a perfect 5 in Resilience, indicating its robustness in facing challenges and maintaining stability. This highlights the company’s ability to weather uncertainties and maintain its operations effectively.

While Ems-Chemie Holding Ag shows promising indications in certain areas, such as Dividend, Momentum, and Resilience, there are areas for potential improvement. With a Value score of 2 and Growth score of 3, the company could focus on enhancing its value proposition and driving growth opportunities. Overall, Ems-Chemie Holding Ag, a manufacturer in the performance polymers and chemicals sector, serves industries like automotive, transportation, and textiles, reflecting a diverse market presence and potential for strategic expansion.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars