Stock Analysis

Budimex Reports Second Quarter 2024 Earnings

WSE:BDX
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Budimex (WSE:BDX) Second Quarter 2024 Results

Key Financial Results

  • Revenue: zł2.40b (flat on 2Q 2023).
  • Net income: zł157.6m (down 6.4% from 2Q 2023).
  • Profit margin: 6.6% (down from 7.1% in 2Q 2023).
earnings-and-revenue-growth
WSE:BDX Earnings and Revenue Growth August 26th 2024

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

Budimex Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in Poland.

Performance of the Polish Construction industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

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

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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.