UNIBEP Second Quarter 2024 Earnings: EPS: zł0.044 (vs zł0.25 loss in 2Q 2023)

UNIBEP (WSE:UNI) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł703.5m (down 1.2% from 2Q 2023).
• Net income: zł1.43m (up from zł7.97m loss in 2Q 2023).
• Profit margin: 0.2% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
• EPS: zł0.044 (up from zł0.25 loss in 2Q 2023).

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

UNIBEP Earnings Insights

Looking ahead, revenue is forecast to grow 5.5% 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 shares are up 3.1% from a week ago.

Risk Analysis

Be aware that UNIBEP is showing 3 warning signs in our investment analysis and 1 of those is a bit unpleasant...

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