Stock Analysis

EnviTec Biogas Reports First Half 2024 Earnings

XTRA:ETG
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EnviTec Biogas (ETR:ETG) First Half 2024 Results

Key Financial Results

  • Revenue: €190.6m (up 24% from 1H 2023).
  • Net income: €22.6m (down 28% from 1H 2023).
  • Profit margin: 12% (down from 20% in 1H 2023). The decrease in margin was driven by higher expenses.
earnings-and-revenue-history
XTRA:ETG Earnings and Revenue History October 3rd 2024

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

EnviTec Biogas shares are down 2.2% from a week ago.

Risk Analysis

Be aware that EnviTec Biogas is showing 1 warning sign in our investment analysis that you should know about...

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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.

About XTRA:ETG

EnviTec Biogas

Manufactures and operates biogas and biomethane plants in Germany, Italy, Great Britain, the Czechia Republic, France, Denmark, the United States, China, Greece, Estonia, and internationally.

Excellent balance sheet average dividend payer.

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