Neinor Homes First Half 2024 Earnings: EPS: €0.13 (vs €0.059 in 1H 2023)

Neinor Homes (BME:HOME) First Half 2024 Results

Key Financial Results

• Revenue: €170.4m (down 5.1% from 1H 2023).
• Net income: €9.71m (up 118% from 1H 2023).
• Profit margin: 5.7% (up from 2.5% in 1H 2023). The increase in margin was driven by lower expenses.
• EPS: €0.13 (up from €0.059 in 1H 2023).

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

Neinor Homes Earnings Insights

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Europe.

Performance of the market in Spain.

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

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Neinor Homes you should be aware of, and 1 of them is a bit unpleasant.

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