Miquel y Costas & Miquel Reports Second Quarter 2024 Earnings

Simply Wall St

October 04, 2024

Miquel y Costas & Miquel (BME:MCM) Second Quarter 2024 Results

Key Financial Results

Revenue: €82.1m (down 3.1% from 2Q 2023).
Net income: €13.8m (up 4.2% from 2Q 2023).
Profit margin: 17% (up from 16% in 2Q 2023). The increase in margin was driven by lower expenses.

earnings-and-revenue-history — BME:MCM Earnings and Revenue History October 4th 2024

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

Miquel y Costas & Miquel shares are up 2.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Miquel y Costas & Miquel (of which 1 is a bit concerning!) you should know about.

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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.