Ermes Department Stores First Half 2024 Earnings: €0.009 loss per share (vs €0.006 loss in 1H 2023)
Ermes Department Stores (CSE:ERME) First Half 2024 Results
Key Financial Results
- Revenue: €56.7m (up 5.5% from 1H 2023).
- Net loss: €1.58m (loss widened by 57% from 1H 2023).
- €0.009 loss per share (further deteriorated from €0.006 loss in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ermes Department Stores shares are up 9.1% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Ermes Department Stores (1 is concerning!) that you need to take into consideration.
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About CSE:ERME
Ermes Department Stores
Operates various departmental and other stores in Cyprus and Greece.
Good value with imperfect balance sheet.