Wendel First Half 2024 Earnings: €7.01 loss per share (vs €0.43 profit in 1H 2023)

Wendel (EPA:MF) First Half 2024 Results

Key Financial Results

• Revenue: €4.00b (up 13% from 1H 2023).
• Net loss: €303.8m (down from €18.9m profit in 1H 2023).
• €7.01 loss per share (down from €0.43 profit in 1H 2023).

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

Wendel Earnings Insights

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Diversified Financial industry in France.

Performance of the French Diversified Financial industry.

The company's shares are down 3.6% from a week ago.

Valuation

Wendel's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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