Stock Analysis
Grifal First Half 2024 Earnings: EPS: €0.019 (vs €0.05 in 1H 2023)
Grifal (BIT:GRAL) First Half 2024 Results
Key Financial Results
- Revenue: €21.1m (down 1.2% from 1H 2023).
- Net income: €211.4k (down 63% from 1H 2023).
- Profit margin: 1.0% (down from 2.7% in 1H 2023).
- EPS: €0.019 (down from €0.05 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Grifal Earnings Insights
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Packaging industry in Europe.
Performance of the market in Italy.
The company's shares are down 1.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Grifal (1 is a bit concerning!) 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 BIT:GRAL
Grifal
Provides packaging solutions in Italy, rest of Europe, and internationally.
