Carr's Group First Half 2024 Earnings: EPS: UK£0.03 (vs UK£0.042 in 1H 2023)

Carr's Group (LON:CARR) First Half 2024 Results

Key Financial Results

• Revenue: UK£81.4m (up 2.0% from 1H 2023).
• Net income: UK£2.82m (down 29% from 1H 2023).
• Profit margin: 3.5% (down from 4.9% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: UK£0.03 (down from UK£0.042 in 1H 2023).

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

Carr's Group Earnings Insights

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in the United Kingdom.

Performance of the British Food industry.

The company's shares are up 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Carr's Group has 1 warning sign we think you should be aware of.

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