Laboratorios Farmaceuticos Rovi Reports Second Quarter 2024 Earnings

Laboratorios Farmaceuticos Rovi (BME:ROVI) Second Quarter 2024 Results

Key Financial Results

• Revenue: €178.2m (flat on 2Q 2023).
• Net income: €29.4m (up 53% from 2Q 2023).
• Profit margin: 17% (up from 11% in 2Q 2023).

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

Laboratorios Farmaceuticos Rovi Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Pharmaceuticals industry in Europe.

Performance of the market in Spain.

The company's shares are down 11% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Laboratorios Farmaceuticos Rovi that you should be aware of.

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