ERG (BIT:ERG) Third Quarter 2024 Results
Key Financial Results
- Revenue: €170.0m (up 13% from 3Q 2023).
- Net income: €25.0m (down 29% from 3Q 2023).
- Profit margin: 15% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.17.
All figures shown in the chart above are for the trailing 12 month (TTM) period
ERG Earnings Insights
Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Renewable Energy industry in Europe.
Performance of the market in Italy.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that ERG is showing 1 warning sign in our investment analysis that you should know about...
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About BIT:ERG
ERG
Through its subsidiaries, engages in the production of energy through renewable sources in Italy, France, Germany, the United Kingdom, Poland, Bulgaria, Sweden, Romania, and Spain.
Solid track record established dividend payer.
