Cognor Holding Second Quarter 2024 Earnings: EPS: zł0.01 (vs zł0.14 in 2Q 2023)

Cognor Holding (WSE:COG) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł550.9m (down 28% from 2Q 2023).
• Net income: zł1.90m (down 92% from 2Q 2023).
• Profit margin: 0.3% (down from 3.1% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: zł0.01 (down from zł0.14 in 2Q 2023).

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

Cognor Holding Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Poland.

Performance of the Polish Metals and Mining industry.

The company's shares are up 4.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Cognor Holding that you need to be mindful of.

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