ITOEF ITO EN LTD
- 28.685
- 0.0000.00%
ITO EN LTD News
Itoen - significant decrease, limited earnings growth rate due to sluggish forecast, and other limited surprises in its earnings report.
Greatly fell. The company announced its financial results for the fiscal year ending April 2024 the day before, with operating profit increasing 27.7% from the previous year to 25 billion yen, exceeding the previous estimate of 23.2 billion yen. However, it can also be seen as within expectations based on the situation up to the third quarter. On the other hand, the outlook for the fiscal year ending April 2025 is for a 5.9% increase in profit to 26.5 billion yen, with an expected slowdown in profit growth due to the impact of rising material costs. In addition, the medium-term plan until the fiscal year ending April 2029 aims for a target annual average revenue growth rate of 2% or more and an operating profit margin of 8% or more.
ITO EN's operating profit increased by 27.7% to 25 billion yen on April 24th, with an expected 5.9% increase to 26.5 billion yen on April 25th.
ITO EN (2593) announced its financial results for the fiscal year ending in April 2024, with revenue increasing by 5.1% from the previous year to 453.899 billion yen and operating profit increasing by 27.7% to 25.023 billion yen. Both the Leaf Drink business and the Food and Beverage business saw an increase in revenue and profit, while the Other business turned to a profit. For the fiscal year ending in April 2025, they plan to achieve revenue of 466.6 billion yen, a 2.8% increase from the previous year, and operating profit of 26.5 billion yen, a 5.9% increase from the previous year. [Positive evaluation] (3154)
Itoen, Tea Life, General Packer, People (3 days)
*The above calendar is just a schedule and is subject to change due to company circumstances. ---------------------------------------6/3 (Mon) ＜2593＞Itoen ＜3172＞Tealife ＜6267＞General Packer ＜7865＞People-----------------------6/4 (Tue) ＜2433＞Hakuhodo DY
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