Vitruvio Real Estate SOCIMI First Half 2024 Earnings: EPS: €0.16 (vs €0.27 in 1H 2023)

Vitruvio Real Estate SOCIMI (BME:YVIT) First Half 2024 Results

Key Financial Results

• Revenue: €4.71m (up 9.5% from 1H 2023).
• Net income: €1.50m (down 33% from 1H 2023).
• Profit margin: 32% (down from 52% in 1H 2023).
• EPS: €0.16 (down from €0.27 in 1H 2023).

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

Vitruvio Real Estate SOCIMI Earnings Insights

Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the REITs industry in Europe.

Performance of the market in Spain.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Vitruvio Real Estate SOCIMI has 3 warning signs (and 2 which can't be ignored) we think you should know about.

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