Warehouses Estates Belgium S.C.A First Half 2024 Earnings: EPS: €1.67 (vs €2.38 in 1H 2023)

Warehouses Estates Belgium S.C.A (EBR:WEB) First Half 2024 Results

Key Financial Results

• Revenue: €15.4m (up 15% from 1H 2023).
• Net income: €5.48m (down 27% from 1H 2023).
• Profit margin: 36% (down from 56% in 1H 2023).
• EPS: €1.67 (down from €2.38 in 1H 2023).

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

Warehouses Estates Belgium S.C.A Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the REITs industry in Europe.

Performance of the market in Belgium.

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

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Warehouses Estates Belgium S.C.A (1 is a bit unpleasant!) that you should be aware of.

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