Alquiber Quality First Half 2024 Earnings: EPS: €0.58 (vs €0.77 in 1H 2023)

Alquiber Quality (BME:ALQ) First Half 2024 Results

Key Financial Results

• Revenue: €69.7m (up 17% from 1H 2023).
• Net income: €3.07m (down 28% from 1H 2023).
• Profit margin: 4.4% (down from 7.2% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.58 (down from €0.77 in 1H 2023).

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

Alquiber Quality Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Transportation industry in Europe.

Performance of the market in Spain.

The company's shares are down 2.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Alquiber Quality (2 can't be ignored!) that you need to be mindful of.

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