NN Group First Half 2024 Earnings: EPS: €2.21 (vs €2.01 in 1H 2023)

NN Group (AMS:NN) First Half 2024 Results

Key Financial Results

• Revenue: €6.79b (up 4.0% from 1H 2023).
• Net income: €603.0m (up 7.9% from 1H 2023).
• Profit margin: 8.9% (up from 8.6% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: €2.21 (up from €2.01 in 1H 2023).

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

NN Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 1.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for NN Group that we have uncovered.

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