Stock Analysis

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

Published
BME:VID

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).
BME:VID Earnings and Revenue Growth July 28th 2024

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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