Enefit Green Full Year 2024 Earnings: Beats Expectations

Enefit Green (TAL:EGR1T) Full Year 2024 Results

Key Financial Results

• Revenue: €220.9m (down 2.7% from FY 2023).
• Net income: €70.3m (up 26% from FY 2023).
• Profit margin: 32% (up from 25% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: €0.27 (up from €0.21 in FY 2023).

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

Enefit Green Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Europe are expected to remain flat.

Performance of the market in Europe.

The company's shares are up 1.7% from a week ago.

Risk Analysis

Be aware that Enefit Green is showing 3 warning signs in our investment analysis that you should know about...

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