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

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).

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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