Stock Analysis
Fope First Half 2024 Earnings: EPS: €0.29 (vs €1.03 in 1H 2023)
Fope (BIT:FPE) First Half 2024 Results
Key Financial Results
- Revenue: €29.9m (down 15% from 1H 2023).
- Net income: €1.58m (down 72% from 1H 2023).
- Profit margin: 5.3% (down from 16% in 1H 2023). The decrease in margin was driven by lower revenue.
- EPS: €0.29 (down from €1.03 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fope Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Luxury industry in Italy.
Performance of the Italian Luxury industry.
The company's shares are down 2.3% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Fope.
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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:FPE
Fope
Engages in the manufacture and sale of jewelry products in Italy and internationally.
