Vidrala First Half 2024 Earnings: EPS: €3.46 (vs €3.70 in 1H 2023)

Vidrala (BME:VID) First Half 2024 Results

Key Financial Results

• Revenue: €844.7m (up 14% from 1H 2023).
• Net income: €111.3m (down 6.9% from 1H 2023).
• Profit margin: 13% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: €3.46 (down from €3.70 in 1H 2023).

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

Vidrala Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Packaging industry in Europe.

Performance of the market in Spain.

The company's shares are up 2.0% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Vidrala's balance sheet and an in-depth analysis of the company's financial position.

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