Cosmo Pharmaceuticals First Half 2024 Earnings: EPS: €4.72 (vs €0.092 in 1H 2023)

Cosmo Pharmaceuticals (VTX:COPN) First Half 2024 Results

Key Financial Results

• Revenue: €136.2m (up 212% from 1H 2023).
• Net income: €76.0m (up by €74.5m from 1H 2023).
• Profit margin: 56% (up from 3.4% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: €4.72 (up from €0.092 in 1H 2023).

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

Cosmo Pharmaceuticals Earnings Insights

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Pharmaceuticals industry in Switzerland.

Performance of the Swiss Pharmaceuticals industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Cosmo Pharmaceuticals (of which 1 shouldn't be ignored!) you should know about.

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