VRG Third Quarter 2024 Earnings: EPS: zł0.04 (vs zł0.004 in 3Q 2023)

Simply Wall St

November 17, 2024

VRG (WSE:VRG) Third Quarter 2024 Results

Key Financial Results

Revenue: zł311.5m (up 4.8% from 3Q 2023).
Net income: zł10.1m (up by zł9.21m from 3Q 2023).
Profit margin: 3.3% (up from 0.3% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: zł0.04 (up from zł0.004 in 3Q 2023).

earnings-and-revenue-history — WSE:VRG Earnings and Revenue History November 17th 2024

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

VRG Earnings Insights

Looking ahead, revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe.

Performance of the market in Poland.

The company's shares are down 1.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of VRG's balance sheet and an in-depth analysis of the company's financial position.

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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.