Stock Analysis

MAPFRE Middlesea First Half 2024 Earnings: EPS: €0.066 (vs €0.051 in 1H 2023)

MAPFRE Middlesea (MTSE:MMS) First Half 2024 Results

Key Financial Results

  • Revenue: €72.6m (up 7.8% from 1H 2023).
  • Net income: €6.03m (up 30% from 1H 2023).
  • Profit margin: 8.3% (up from 6.9% in 1H 2023). The increase in margin was driven by higher revenue.
  • EPS: €0.066 (up from €0.051 in 1H 2023).
earnings-and-revenue-history
MTSE:MMS Earnings and Revenue History August 4th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

MAPFRE Middlesea shares are up 8.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for MAPFRE Middlesea (2 don't sit too well with us!) that you need to be mindful 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 MTSE:MMS

MAPFRE Middlesea

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Excellent balance sheet average dividend payer.

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