Novita Second Quarter 2024 Earnings: EPS: zł2.97 (vs zł1.02 in 2Q 2023)
Novita (WSE:NVT) Second Quarter 2024 Results
Key Financial Results
- Revenue: zł51.6m (up 33% from 2Q 2023).
- Net income: zł7.41m (up 192% from 2Q 2023).
- Profit margin: 14% (up from 6.5% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: zł2.97 (up from zł1.02 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Novita's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Novita (1 can't be ignored) you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Novita might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About WSE:NVT
Novita
Engages in the production and distribution of household, medical and sanitary, clothing, footwear, and technical nonwovens worldwide.
Flawless balance sheet with proven track record.