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Tornos Holding AG
TOHN.SW•SIX
Industrials
Industrial - Machinery
CHF5.12
CHF-0.30(-5.54%)

The company's financials show resilient growth, with revenue advancing from $178.11M in Q4 2022 to $254.94M in Q2 2024. Gross profit remained healthy with margins at 18% in Q2 2024 compared to 20% in Q4 2022. Operating income hit $9.53M last quarter, sustaining a consistent 4% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $14.78M. Net income dropped to $6.57M, while earnings per share reached $1.20. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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