TeamViewer Full Year 2024 Earnings: In Line With Expectations
Revenue: €671.4m (up 7.1% from FY 2023).
Net income: €123.1m (up 8.0% from FY 2023).
Profit margin: 18% (in line with FY 2023).
EPS: €0.77 (up from €0.66 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
The primary driver behind last 12 months revenue was the EMEA segment contributing a total revenue of €365.2m (54% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to €233.4m (50% of total expenses). Explore how TMV's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.
Performance of the German Software industry.
The company's shares are up 9.8% from a week ago.
You still need to take note of risks, for example - TeamViewer has 1 warning sign we think you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
38 minutes ago
- Yahoo
Tariffs Deliver Record Drop in US Trade Deficit
Call it the gravitational pull of Trump's tariffs: First came the tidal wave; now, the tide is receding. After a record-breaking trade deficit in March, as businesses rushed to order goods ahead of a massive spike in import duties, data from the US Commerce Department on Thursday shows that April delivered a record-breaking decrease in the trade deficit. Does that mean the US has won the first big battle of the trade war? Well, it's complicated. READ ALSO: Circle Spirals Upward in $1 Billion IPO and NBA Finals Kick Off With an Old (Footwear) Friend So just how big was the drop? In April, the trade deficit narrowed to just $61.6 billion — way, way, way smaller than the record-setting, Grand Canyon-sized $138.3 billion chasm seen in March. That marks the largest month-over-month deficit contraction on record, according to the Commerce Department, and comes in below consensus expectations of approximately $66 billion. Overall, imports of foreign goods fell about 16% month-over-month to $351 billion, the report said. According to a data analysis by The New York Times combining figures from the Commerce Department and tracking by Moody's Analytics, the decrease included importing fewer cell phones from China, pharmaceuticals from Switzerland and Ireland, and automotive parts from South Korea, Japan, Mexico, and Canada. Canada reported a record trade deficit of its own on Thursday, of about $5.2 billion (in US currency) in April, as its auto industry gets crushed by tariffs. Curbing America's reliance on imports was just Step One of the White House's economic plan. In April, at least, it looks like Mission Accomplished (Note: Economists don't tend to think deficits are inherently negative). But Step Two in the plan was reviving America's manufacturing core, and it remains unclear if tariffs will prove an effective tool to that end: Helping shrink the deficit gap was a 3% bump in US exports to $289.4 billion in April, per the Commerce Department — also good for nearly $16 billion more than recorded in April 2024. From March to April, the US swung from a trade deficit to a trade surplus with several countries, including Australia, Switzerland, and Spain. That said, US manufacturing isn't exactly thriving under the new stop-and-start tariff regime. Manufacturing activity contracted for the third consecutive month in May, according to an Institute for Supply Management survey released earlier this week, as tariffs spike the prices and delivery times of inputs; the materials shortage has caused particular headaches in the auto industry, with Ford even temporarily halting production at a Chicago plant last week. Deals, Deals, Deals: Step Three in the White House's plan has been to use the threat of major tariffs to renegotiate trade deals with countries the world over. Thursday also provided some updates on that front, with German Chancellor Friedrich Merz visiting the White House as the European Union continues to hash out trade agreements with the US. 'He's a very great representative of Germany,' POTUS Trump said of Merz, adding, 'We'll have a good trade deal.' The White House also agreed to further talks with leaders in Beijing on Thursday, with the president saying 'we're in very good shape with China and the trade deal' after the two sides had gotten 'a little off-track.' This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter.
Miami Herald
2 hours ago
- Miami Herald
Mercedes CEO Has a Trump Tariff Deal That Could Reshape US-EU Auto Trade
Hours before an event in Michigan on April 29, President Trump signed two executive orders aimed at reducing the impact of trade tariffs on the automotive industry. One order prevents automakers, who face 25% tariffs on auto imports, from being subject to additional levies on materials. The other order allows automakers to apply for tariff relief, which will reduce a portion of the costs associated with their imported components. However, these benefits will be gradually phased out over the next two years. During a rally that night in Michigan, Trump described this move as providing "a little flexibility" to the automotive industry, hoping to persuade automakers to produce their cars and components in the United States. He said, "We gave them a little time before we slaughter them if they don't do this. They're going to make so much money. They're going to have so many jobs." Despite the developments, German luxury car manufacturer Mercedes-Benz withdrew its earnings guidance for 2025 during the announcement of its Q1 results. This decision was driven by uncertainty regarding the potential impact of President Trump's tariffs on imported vehicles. The company also stated that if auto tariffs remained at their current levels, it would decrease profit margins by 300 basis points on cars and 100 basis points on vans. In a new interview with German business publication Der Spiegel, Mercedes-Benz CEO Ola Källenius said that while he is looking at different scenarios, the kind of investments he has to make are ones that could last for decades, rather than ones made "in response to a volatile situation" such as the current US-EU tariff situation that is currently unfolding. Recognizing that the current administration has the impression "that we in Europe are closed to certain issues and only demand openness where we have strengths," the CEO proposed a deal meant to balance its imports and exports. In his proposal, Källenius would allow duty-free imports of U.S.-built cars into Europe in exchange for tariff waivers on an equal number of vehicles exported by EU automakers to the U.S., adding that it would alleviate and fulfill its desire to reindustrialize and become an attractive destination for companies to set up factories for exported goods. "For every car that leaves the USA or Europe, a car from the other side comes in duty-free," Källenius told Spiegel. "We have put this idea to both sides, and it is a possible component of the negotiations between the USA and the EU." Such a solution would work for a company like Mercedes-Benz. In the same interview, Källenius noted that Mercedes "is a major producer" of cars in the United States, adding that the company builds and sells around 350,000 vehicles in the country, which could count for consideration in trade talks. "But the models we build and sell [in the U.S.] are not the same," Källenius told Spiegel. "Two-thirds of the vehicles from our plant in Tuscaloosa, Alabama, are exported to 150 countries worldwide. We therefore contribute to a more balanced trade balance for the USA. We believe this should be taken into account in the negotiations." Källenius's idea of rewarding U.S. exports is roughly on the same wavelength as similar ideas proposed by other automotive CEOs. Previously, Ford CEO Jim Farley raised the idea that automakers like Ford should get credit for building cars in the United States that are shipped overseas for international consumption, noting that it is "essential" that the federal government come up with policies that encourage manufacturers to build cars for export, adding that it exports nearly as many vehicles as its brings in. "So many of the vehicles we build here are exported around the globe," Farley said. "Shouldn't we get credit for that?" Around the same time Farley made those comments, the export of some high-ticket models to China, including the F-150 Raptor, Mustang, Bronco, and Lincoln Navigator, was halted due to retaliatory tariffs as high as 150% on imported vehicles. For what it's worth, German automakers like Volkswagen, BMW, and Mercedes-Benz have a lot of leverage for a potential U.S. tariff deal, especially if they propose that German automakers receive credits based on the number of vehicles they produce in the United States. These aren't small potatoes, either. BMW alone manufactures some of its highest-volume models, such as the BMW X3, X4, X5, X6, X7, and XM, at its Spartanburg, South Carolina, plant, which serves both U.S. and international markets. According to data from the U.S. Department of Commerce, BMW is the largest automotive exporter by value in the U.S., shipping "more than $10 billion" of cars in 2024. American hands assemble these cars, no matter the badge or its supposed country of origin. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
2 hours ago
- Yahoo
Sunset World Group Trains Its Kitchen Staff in Cooperation with the German Organization Senior Expert Service
CANCÚN, Mexico, June 6, 2025 /PRNewswire/ -- Recently, the Culinary Team and kitchen staff at Sunset Royal and Sunset Marina hotels of the Sunset World Group were trained in haute cuisine and pastry making, guided by two chefs from the German organization Senior Expert Service: Norbert Winkler, an expert in European cuisine, and Giordano Giovanni Bottignole, an expert pastry chef. At Sunset Royal, the training focused on the most authentic Western flavors and included the preparation of beef Wellington, chicken cordon bleu, pork roulette, beef bourguignon, sauerkraut, and minestrone soup, among others, focusing on baking and fermentation techniques. This training was primarily provided to the buffet and dinner staff. As for Sunset Marina, the training was provided to pastry chefs and consisted of improving techniques such as chocolate decoration, molding, and fortifying flavors and textures, preparing, among other famous desserts, apple strudel, chocolate volcano, mousses, plum tart, Italian meringue, and French sponge cake. Senior Expert Service is Germany's leading volunteer organization for retired experts and executives in all sectors to share and exchange knowledge and experiences internationally under a "help-for-do-it-yourself" approach. Senior Expert Service has been present in Mexico since 2017. Sunset World Group is a Mexican family business founded by some of the pioneers of Cancun who helped turn it into the most sought-after tourist destination worldwide. Sunset World Group has more than 30 years of experience in the hospitality industry and a sincere passion for environmental conservation, which is why it implemented an Energy Efficiency Program by substituting supply technologies in its six hotels in Cancun and The Riviera Maya. In addition, all Sunset World hotels are supplied with clean and renewable energy produced at Mexican wind farms and geothermal plants, which has considerably reduced the company's carbon footprint. The activity and gastronomy programs in all six hotels are updated and expanded constantly for the enjoyment of all family members, since Sunset World Group always focuses on providing the best vacation experiences for its members and guests. View original content to download multimedia: SOURCE Sunset World Resorts & Vacation Experiences Sign in to access your portfolio
