Stock Analysis

Orzel Bialy Reports First Quarter 2024 Earnings

WSE:OBL
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Orzel Bialy (WSE:OBL) First Quarter 2024 Results

Key Financial Results

  • Revenue: zł173.8m (down 17% from 1Q 2023).
  • Net income: zł22.6m (down 32% from 1Q 2023).
  • Profit margin: 13% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue.
earnings-and-revenue-history
WSE:OBL Earnings and Revenue History May 26th 2024

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

Orzel Bialy shares are up 3.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Orzel Bialy's balance sheet health.

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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.