Stock Analysis
Rainbow Tours (WSE:RBW) Second Quarter 2024 Results
Key Financial Results
- Revenue: zł885.8m (up 25% from 2Q 2023).
- Net income: zł58.1m (up 62% from 2Q 2023).
- Profit margin: 6.6% (up from 5.0% in 2Q 2023). The increase in margin was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Rainbow Tours Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in Europe.
Performance of the market in Poland.
The company's shares are up 4.8% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Rainbow Tours.
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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.
About WSE:RBW
Rainbow Tours
Operates as a tour operator in Poland, the Czech Republic, Slovakia, and Lithuania.
