Profil:
Inter Cars SAInter Cars automotive posts PLN 207.3 mln attrib. net profit in Q3 2024, below consensus
Listed automotive parts distributor Inter Cars posted PLN 207.3 million (EUR 48 mln) net profit in the third quarter of 2024, against market expectations for PLN 212.5 (EUR 49.2 mln) net take, the company's financial report showed.
EBITDA amounted to PLN 348 million (EUR 80.6 mln) against PLN 370.8 million (EUR 85.8 mln) in the prior year period and against PLN 354.2 million (EUR 82 mln) expected by analysts surveyed by PAP Biznes.
EBIT reached PLN 297.5 million (EUR 68.9 mln) against PLN 325.7 million (EUR 75.4 mln) a year earlier and against expectations of PLN 302.8 million (EUR 70.1 mln).
The group's revenue in the third quarter amounted to PLN 4.91 billion (EUR 1.13 bln).
Below are Inter Cars' results for the third quarter of 2024 in relation to the PAP Biznes consensus:
3Q2024 | results | consensus | difference | y/y | q/q | YTD | y/y |
PLN mln | PLN mln | % | % | % | PLN mln | % | |
Revenues | 4915.5 | 4943.4 | -0.60% | 7.90% | 0.90% | 14317.7 | 7.60% |
EBITDA | 348 | 354.2 | -1.70% | -6.10% | 7.10% | 945.9 | -3.80% |
EBIT | 297.5 | 302.8 | -1.70% | -8.60% | 7.50% | 800.4 | -5.90% |
Attrib. net profit | 207.3 | 212.5 | -2.40% | -7.70% | 9.70% | 552.8 | -4.90% |
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