Lubelski Wegiel Bogdanka (WSE:LWB) Second Quarter 2024 Results
Key Financial Results
- Revenue: zł854.7m (down 3.4% from 2Q 2023).
- Net loss: zł950.9m (down from zł99.5m profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lubelski Wegiel Bogdanka Earnings Insights
Looking ahead, revenue is expected to fall by 3.4% p.a. on average during the next 3 years compared to a 1.3% decline forecast for the Oil and Gas industry in Europe.
Performance of the market in Poland.
The company's shares are down 6.3% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Lubelski Wegiel Bogdanka, and understanding it should be part of your investment process.
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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:LWB
Lubelski Wegiel Bogdanka
Engages in the hard coal mining business in Poland.
Flawless balance sheet and good value.
