Stock Analysis

Develia First Quarter 2024 Earnings: EPS: zł0.19 (vs zł0.13 in 1Q 2023)

WSE:DVL
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Develia (WSE:DVL) First Quarter 2024 Results

Key Financial Results

  • Revenue: zł401.6m (up 57% from 1Q 2023).
  • Net income: zł84.7m (up 45% from 1Q 2023).
  • Profit margin: 21% (down from 23% in 1Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: zł0.19 (up from zł0.13 in 1Q 2023).
earnings-and-revenue-history
WSE:DVL Earnings and Revenue History May 25th 2024

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

Develia Earnings Insights

Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Real Estate industry in Poland.

Performance of the Polish Real Estate industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

Be aware that Develia is showing 1 warning sign in our investment analysis that you should know about...

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