Prodea Real Estate Investment Company Société Anonyme First Half 2024 Earnings: FFO per share: €0.01 (vs €0.074 in 1H 2023)

Prodea Real Estate Investment Company Société Anonyme (ATH:PRODEA) First Half 2024 Results

Key Financial Results

• Revenue: €109.7m (up 30% from 1H 2023).
• Funds from operations (FFO): €3.40m (down 82% from 1H 2023).
• FFO margin: 3.1% (down from 23% in 1H 2023).
• FFO per share: €0.01 (down from €0.074 in 1H 2023).

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

Prodea Real Estate Investment Company Société Anonyme shares are down 9.1% from a week ago.

Risk Analysis

Be aware that Prodea Real Estate Investment Company Société Anonyme is showing 4 warning signs in our investment analysis and 3 of those make us uncomfortable...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.