Strabag (VIE:STR) First Half 2024 Results
Key Financial Results
- Revenue: €7.46b (down 2.9% from 1H 2023).
- Net income: €91.5m (up 23% from 1H 2023).
- Profit margin: 1.2% (up from 1.0% in 1H 2023). The increase in margin was driven by lower expenses.
- EPS: €0.84 (up from €0.74 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Strabag Earnings Insights
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Construction industry in Europe.
Performance of the market in Austria.
The company's shares are down 3.2% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Strabag (1 is potentially serious!) that you need to be mindful of.
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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.
About WBAG:STR
Flawless balance sheet, undervalued and pays a dividend.
