Stock Analysis
Grupo Rotoplas. de Second Quarter 2024 Earnings: EPS: Mex$0.12 (vs Mex$0.04 loss in 2Q 2023)
Grupo Rotoplas. de (BMV:AGUA) Second Quarter 2024 Results
Key Financial Results
- Revenue: Mex$2.97b (down 1.1% from 2Q 2023).
- Net income: Mex$60.0m (up from Mex$19.6m loss in 2Q 2023).
- Profit margin: 2.0% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
- EPS: Mex$0.12 (up from Mex$0.04 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Grupo Rotoplas. de Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Global Building industry.
Performance of the market in Mexico.
The company's shares are up 2.4% from a week ago.
Risk Analysis
It is worth noting though that we have found 4 warning signs for Grupo Rotoplas. de that you need to take into consideration.
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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.
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About BMV:AGUA *
Grupo Rotoplas. de
Manufactures, purchases, sells, and installs plastic containers and accessories for water storage, conduction, and improvement solutions in Mexico, Argentina, the United States and internationally.
High growth potential with solid track record.
