Espe (BIT:ESPE) First Half 2024 Results
Key Financial Results
- Revenue: €30.1m (up 1.4% from 1H 2023).
- Net income: €1.30m (up 200% from 1H 2023).
- Profit margin: 4.3% (up from 1.5% in 1H 2023). The increase in margin was primarily driven by lower expenses.
- EPS: €0.11.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Espe Earnings Insights
Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electrical industry in Italy.
Performance of the Italian Electrical industry.
The company's shares are down 2.0% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Espe (1 makes us a bit uncomfortable!) that you need to take into consideration.
Valuation is complex, but we're here to simplify it.
Discover if Espe might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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 BIT:ESPE
Espe
Produces, installs, and manages industrial electric systems worldwide.
Proven track record with adequate balance sheet.
