Stock Analysis

Grupo Empresarial San José Reports Second Quarter 2024 Earnings

BME:GSJ
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Grupo Empresarial San José (BME:GSJ) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €399.1m (up 14% from 2Q 2023).
  • Net income: €13.0m (up by €11.5m from 2Q 2023).
  • Profit margin: 3.2% (up from 0.4% in 2Q 2023). The increase in margin was driven by higher revenue.
earnings-and-revenue-growth
BME:GSJ Earnings and Revenue Growth July 27th 2024

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

Grupo Empresarial San José Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Construction industry in Spain.

Performance of the Spanish Construction industry.

The company's shares are up 3.1% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Grupo Empresarial San José (1 can't be ignored!) that you should be aware of before investing here.

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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.