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Eurosnack (WAR:ECK) Gross Profit : zł86.8 Mil (TTM As of Sep. 2024)


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What is Eurosnack Gross Profit?

Eurosnack's gross profit for the three months ended in Sep. 2024 was zł23.3 Mil. Eurosnack's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was zł86.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Eurosnack's gross profit for the three months ended in Sep. 2024 was zł23.3 Mil. Eurosnack's Revenue for the three months ended in Sep. 2024 was zł39.1 Mil. Therefore, Eurosnack's Gross Margin % for the quarter that ended in Sep. 2024 was 59.61%.

Eurosnack had a gross margin of 59.61% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Eurosnack was 57.22%. The lowest was 46.67%. And the median was 52.08%.

Warning Sign:

Eurosnack SA gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Eurosnack Gross Profit Historical Data

The historical data trend for Eurosnack's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eurosnack Gross Profit Chart

Eurosnack Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.68 33.39 39.83 53.57 73.43

Eurosnack Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.09 19.92 20.21 23.43 23.28

Competitive Comparison of Eurosnack's Gross Profit

For the Packaged Foods subindustry, Eurosnack's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eurosnack's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Eurosnack's Gross Profit distribution charts can be found below:

* The bar in red indicates where Eurosnack's Gross Profit falls into.



Eurosnack Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Eurosnack's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=139.675 - 66.246
=73.4

Eurosnack's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=39.053 - 15.772
=23.3

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł86.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Eurosnack's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=23.3 / 39.053
=59.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Eurosnack  (WAR:ECK) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Eurosnack had a gross margin of 59.61% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Eurosnack Gross Profit Related Terms

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Eurosnack Business Description

Traded in Other Exchanges
N/A
Address
ul. Ga?eczki 59, Chorzow, POL, 41-506
Eurosnack SA is the manufacturers and distributors of salty snacks (crisps, corn and natural flavors), and biscuits. Its products are offered under the brands of the Company ie "Chrupcie" and "Hobby-Horse" & under private labels of retail chains.

Eurosnack Headlines

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