Energa Second Quarter 2024 Earnings: EPS: zł0.99 (vs zł0.32 loss in 2Q 2023)

Energa (WSE:ENG) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł5.35b (up 2.6% from 2Q 2023).
• Net income: zł410.0m (up from zł133.0m loss in 2Q 2023).
• Profit margin: 7.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses.
• EPS: zł0.99 (up from zł0.32 loss in 2Q 2023).

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

Energa shares are down 1.3% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Energa (at least 1 which is concerning), and understanding these should be part of your investment process.

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