Genuit Group First Half 2024 Earnings: EPS: UK£0.034 (vs UK£0.094 in 1H 2023)

Genuit Group (LON:GEN) First Half 2024 Results

Key Financial Results

• Revenue: UK£272.4m (down 11% from 1H 2023).
• Net income: UK£8.40m (down 64% from 1H 2023).
• Profit margin: 3.1% (down from 7.6% in 1H 2023).
• EPS: UK£0.034 (down from UK£0.094 in 1H 2023).

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

Genuit Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% 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 share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Genuit Group, and understanding them should be part of your investment process.

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