Socfinaf (BDL:SOFAF) First Half 2024 Results
Key Financial Results
- Revenue: €313.0m (down 3.8% from 1H 2023).
- Net income: €27.0m (down 14% from 1H 2023).
- Profit margin: 8.6% (down from 9.6% in 1H 2023). The decrease in margin was driven by lower revenue.
- EPS: €1.51 (down from €1.76 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Socfinaf shares are up 6.3% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Socfinaf that we have uncovered.
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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 BDL:SOFAF
Socfinaf
Through its subsidiaries, primarily engages in the cultivation, production, processing, and sale of palm oil and rubber in Sierra Leone, Liberia, Côte d'Ivoire, Ghana, Nigeria, Cameroon, São Tomé and Principe, Congo, and Europe.
Flawless balance sheet and good value.
