Stock Analysis
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).
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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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:DVL
Develia
Through its subsidiaries, buys, develops, rents, manages, and sells real estate properties in Poland.
Very undervalued with excellent balance sheet.
