Hemnet misses EBITDA expectations in Q4, stock slips By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
0mins
Source: Investing.com
Financial Performance: Hemnet Group reported a 32.4% increase in net sales for Q4 2024, reaching SEK 364.1 million, while EBITDA grew 24.5% to SEK 176.3 million, though it fell short of expectations due to higher operating expenses.
Future Outlook and Dividend Proposal: The company maintained its guidance without specific targets for 2025, reaffirming goals of 15-20% net sales growth and long-term EBITDA margins above 55%, while proposing a 41.7% increase in dividends to SEK 1.70 per share.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
