Elecnor (BME:ENO) First Half 2024 Results
Key Financial Results
- Revenue: €1.73b (down 9.1% from 1H 2023).
- Net income: €19.8m (down 58% from 1H 2023).
- Profit margin: 1.1% (down from 2.5% in 1H 2023). The decrease in margin was driven by lower revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Elecnor Earnings Insights
Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Spain.
Performance of the Spanish Construction industry.
The company's shares are down 1.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Elecnor (1 doesn't sit too well with us!) that you need to take into consideration.
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About BME:ENO
Elecnor
Engages in the development, construction, and operation of projects and services in Spain and internationally.
Flawless balance sheet established dividend payer.