Torpol First Quarter 2024 Earnings: EPS: zł0.47 (vs zł0.63 in 1Q 2023)

Torpol (WSE:TOR) First Quarter 2024 Results

Key Financial Results

• Revenue: zł260.5m (up 23% from 1Q 2023).
• Net income: zł10.7m (down 26% from 1Q 2023).
• Profit margin: 4.1% (down from 6.8% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: zł0.47 (down from zł0.63 in 1Q 2023).

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

Torpol Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Construction industry in Poland.

Performance of the Polish Construction industry.

The company's shares are down 2.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Torpol (1 doesn't sit too well with us) you should be aware of.

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