Covivio First Half 2024 Earnings: €0.082 loss per share (vs €7.27 loss in 1H 2023)

Covivio (EPA:COV) First Half 2024 Results

Key Financial Results

• Revenue: €498.0m (flat on 1H 2023).
• Net loss: €8.40m (loss narrowed by 99% from 1H 2023).
• €0.082 loss per share (improved from €7.27 loss in 1H 2023).

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

Covivio Earnings Insights

Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the REITs industry in Europe.

Performance of the market in France.

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

Risk Analysis

Be aware that Covivio is showing 3 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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