Tubos Reunidos First Half 2024 Earnings: EPS: €0.23 (vs €0.31 in 1H 2023)

Tubos Reunidos (BME:TRG) First Half 2024 Results

Key Financial Results

• Revenue: €172.7m (down 48% from 1H 2023).
• Net income: €40.6m (down 25% from 1H 2023).
• Profit margin: 24% (up from 16% in 1H 2023). The increase in margin was driven by lower expenses.
• EPS: €0.23 (down from €0.31 in 1H 2023).

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

Tubos Reunidos shares are down 16% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Tubos Reunidos (1 makes us a bit uncomfortable) you should be aware of.

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