Koninklijke Vopak First Quarter 2024 Earnings: EPS: €0.85 (vs €0.82 in 1Q 2023)

Koninklijke Vopak (AMS:VPK) First Quarter 2024 Results

Key Financial Results

• Revenue: €328.2m (down 9.3% from 1Q 2023).
• Net income: €105.8m (up 2.6% from 1Q 2023).
• Profit margin: 32% (up from 28% in 1Q 2023). The increase in margin was driven by lower expenses.
• EPS: €0.85 (up from €0.82 in 1Q 2023).

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

Koninklijke Vopak Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.6% decline forecast for the Oil and Gas industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 3.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Koninklijke Vopak (1 is a bit unpleasant!) that you need to take into consideration.

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