Eurocell First Half 2024 Earnings: EPS: UK£0.053 (vs UK£0.026 in 1H 2023)

Eurocell (LON:ECEL) First Half 2024 Results

Key Financial Results

• Revenue: UK£175.7m (down 4.7% from 1H 2023).
• Net income: UK£5.80m (up 100% from 1H 2023).
• Profit margin: 3.3% (up from 1.6% in 1H 2023). The increase in margin was driven by lower expenses.
• EPS: UK£0.053 (up from UK£0.026 in 1H 2023).

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

Eurocell Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in the United Kingdom.

Performance of the British Building industry.

The company's shares are up 9.9% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Eurocell that you need to take into consideration.

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