Diploma First Half 2024 Earnings: EPS: UK£0.43 (vs UK£0.47 in 1H 2023)

Diploma (LON:DPLM) First Half 2024 Results

Key Financial Results

• Revenue: UK£638.3m (up 9.5% from 1H 2023).
• Net income: UK£57.7m (down 2.7% from 1H 2023).
• Profit margin: 9.0% (down from 10% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: UK£0.43 (down from UK£0.47 in 1H 2023).

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

Diploma Earnings Insights

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Trade Distributors industry in the United Kingdom.

Performance of the British Trade Distributors industry.

The company's shares are up 9.4% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Diploma's balance sheet and an in-depth analysis of the company's financial position.

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