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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