Groupe Bruxelles Lambert First Quarter 2024 Earnings: EPS: €1.43 (vs €0.74 in 1Q 2023)

Groupe Bruxelles Lambert (EBR:GBLB) First Quarter 2024 Results

Key Financial Results

• Revenue: €1.71b (up 4.6% from 1Q 2023).
• Net income: €194.1m (up 87% from 1Q 2023).
• Profit margin: 11% (up from 6.4% in 1Q 2023).
• EPS: €1.43 (up from €0.74 in 1Q 2023).

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

Groupe Bruxelles Lambert Earnings Insights

Looking ahead, revenue is expected to fall by 18% p.a. on average during the next 2 years compared to a 14% decline forecast for the Diversified Financial industry in Europe.

Performance of the market in Belgium.

The company's shares are up 1.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Groupe Bruxelles Lambert (1 is significant!) that we have uncovered.

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