EuroTeleSites Reports First Half 2024 Earnings

EuroTeleSites (VIE:ETS) First Half 2024 Results

Key Financial Results

• Net income: €14.1m (up by €14.1m from 1H 2023).
• EPS: €0.085.

All figures shown in the chart above are for the trailing 12 month (TTM) period

EuroTeleSites Earnings Insights

Looking ahead, revenue is expected to decline by 7.5% p.a. on average during the next 3 years, while revenues in the Telecom industry in Europe are expected to grow by 1.9%.

Performance of the market in Austria.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with EuroTeleSites (at least 1 which is concerning), and understanding these should be part of your investment process.

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