Nexus Second Quarter 2024 Earnings: EPS: €0.34 (vs €0.30 in 2Q 2023)

Nexus (ETR:NXU) Second Quarter 2024 Results

Key Financial Results

• Revenue: €67.0m (up 16% from 2Q 2023).
• Net income: €5.83m (up 13% from 2Q 2023).
• Profit margin: 8.7% (down from 9.0% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.34 (up from €0.30 in 2Q 2023).

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

Nexus Earnings Insights

Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Healthcare Services industry in Europe.

Performance of the market in Germany.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Nexus' balance sheet.

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