Lhyfe First Half 2024 Earnings: €0.29 loss per share (vs €0.33 loss in 1H 2023)

Lhyfe (EPA:LHYFE) First Half 2024 Results

Key Financial Results

• Net loss: €14.0m (loss narrowed by 12% from 1H 2023).
• €0.29 loss per share (improved from €0.33 loss in 1H 2023).

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

Lhyfe Earnings Insights

Looking ahead, revenue is forecast to grow 111% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in France are expected to remain flat.

Performance of the French Oil and Gas industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Lhyfe (1 doesn't sit too well with us!) that you need to take into consideration.

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