ENCE Energía y Celulosa First Quarter 2024 Earnings: EPS: €0.03 (vs €0.13 in 1Q 2023)

ENCE Energía y Celulosa (BME:ENC) First Quarter 2024 Results

Key Financial Results

• Revenue: €213.6m (down 28% from 1Q 2023).
• Net income: €7.90m (down 74% from 1Q 2023).
• Profit margin: 3.7% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.03 (down from €0.13 in 1Q 2023).

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

ENCE Energía y Celulosa Earnings Insights

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Forestry industry in Europe.

Performance of the market in Spain.

The company's shares are up 9.7% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with ENCE Energía y Celulosa.

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