Compagnie d'Entreprises CFE First Half 2024 Earnings: EPS: €0.17 (vs €0.50 in 1H 2023)

Compagnie d'Entreprises CFE (EBR:CFEB) First Half 2024 Results

Key Financial Results

• Revenue: €600.7m (down 6.4% from 1H 2023).
• Net income: €4.17m (down 67% from 1H 2023).
• Profit margin: 0.7% (down from 1.9% in 1H 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.17 (down from €0.50 in 1H 2023).

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

Compagnie d'Entreprises CFE Earnings Insights

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe.

Performance of the market in Belgium.

The company's shares are down 4.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Compagnie d'Entreprises CFE that you need to take into consideration.

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