Korado-Bulgaria AD First Quarter 2024 Earnings: EPS: лв0.07 (vs лв0.016 in 1Q 2023)

Korado-Bulgaria AD (BUL:KBG) First Quarter 2024 Results

Key Financial Results

• Revenue: лв7.88m (down 5.2% from 1Q 2023).
• Net income: лв967.0k (up 350% from 1Q 2023).
• Profit margin: 12% (up from 2.6% in 1Q 2023). The increase in margin was driven by lower expenses.
• EPS: лв0.07 (up from лв0.016 in 1Q 2023).

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

Korado-Bulgaria AD Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in Europe.

Performance of the market in Europe.

The company's shares are up 8.0% from a week ago.

Risk Analysis

Be aware that Korado-Bulgaria AD is showing 3 warning signs in our investment analysis and 1 of those is significant...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.