Stock Analysis
- United Kingdom
- /
- Basic Materials
- /
- AIM:MBH
Michelmersh Brick Holdings First Half 2024 Earnings: EPS: UK£0.034 (vs UK£0.05 in 1H 2023)
Michelmersh Brick Holdings (LON:MBH) First Half 2024 Results
Key Financial Results
- Revenue: UK£35.4m (down 16% from 1H 2023).
- Net income: UK£3.12m (down 33% from 1H 2023).
- Profit margin: 8.8% (down from 11% in 1H 2023). The decrease in margin was driven by lower revenue.
- EPS: UK£0.034 (down from UK£0.05 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Michelmersh Brick Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Basic Materials industry in the United Kingdom.
Performance of the British Basic Materials industry.
The company's shares are down 7.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Michelmersh Brick Holdings that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About AIM:MBH
Michelmersh Brick Holdings
Together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe.