Kaufman & Broad Reports Second Quarter 2024 Earnings

Kaufman & Broad (EPA:KOF) Second Quarter 2024 Results

Key Financial Results

• Revenue: €224.5m (down 14% from 2Q 2023).
• Net income: €10.0m (up 44% from 2Q 2023).
• Profit margin: 4.5% (up from 2.6% in 2Q 2023). The increase in margin was driven by lower expenses.

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

Kaufman & Broad Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Consumer Durables industry in France.

Performance of the French Consumer Durables industry.

The company's shares are up 1.8% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Kaufman & Broad, and understanding this should be part of your investment process.

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