Delfi (SG:P34) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Delfi Limited reported a decline in net sales for the third quarter of 2024, with a 5.5% year-over-year decrease to $117.6 million, impacted by weaker regional currencies and the previous termination of an agency brand. Despite a 10.3% drop in Indonesian sales, regional markets like Malaysia and the Philippines saw a 2.9% increase due to growth in agency brands. The company’s EBITDA also fell by 21.2% for the nine-month period, reflecting reduced sales and lower gross profit margins.
For further insights into SG:P34 stock, check out TipRanks’ Stock Analysis page.
