VIB Vermögen Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

VIB Vermögen (ETR:VIH1) Full Year 2024 Results

Key Financial Results

• Revenue: €104.4m (up 1.6% from FY 2023).
• Net income: €36.1m (down 72% from FY 2023).
• Profit margin: 35%.
• EPS: €1.09 (down from €3.92 in FY 2023).

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

VIB Vermögen Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 4.4%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's shares are up 7.1% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for VIB Vermögen (1 is a bit concerning!) that you should be aware of before investing here.

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