Marvipol Development Third Quarter 2024 Earnings: EPS: zł0.13 (vs zł0.58 in 3Q 2023)

Marvipol Development (WSE:MVP) Third Quarter 2024 Results

Key Financial Results

• Revenue: zł121.2m (up 39% from 3Q 2023).
• Net income: zł5.59m (down 77% from 3Q 2023).
• Profit margin: 4.6% (down from 28% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: zł0.13 (down from zł0.58 in 3Q 2023).

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

Marvipol Development Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Real Estate industry in Poland.

Performance of the Polish Real Estate industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

Be aware that Marvipol Development is showing 2 warning signs in our investment analysis that you should know about...

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