Doverie United Holding AD Reports First Quarter 2024 Earnings

Doverie United Holding AD (BUL:DUH) First Quarter 2024 Results

Key Financial Results

• Revenue: лв128.8m (down 9.6% from 1Q 2023).
• Net income: лв16.4m (down 35% from 1Q 2023).
• Profit margin: 13% (down from 18% in 1Q 2023). The decrease in margin was driven by lower revenue.

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

Doverie United Holding AD Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Diversified Financial industry in Europe.

Performance of the market in Europe.

The company's shares are down 2.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Doverie United Holding AD you should be aware of.

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