TAURON Polska Energia First Quarter 2024 Earnings: EPS: zł0.30 (vs zł0.59 in 1Q 2023)

TAURON Polska Energia (WSE:TPE) First Quarter 2024 Results

Key Financial Results

• Revenue: zł9.32b (down 41% from 1Q 2023).
• Net income: zł531.0m (down 49% from 1Q 2023).
• Profit margin: 5.7% (down from 6.5% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: zł0.30 (down from zł0.59 in 1Q 2023).

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

TAURON Polska Energia Earnings Insights

Looking ahead, revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.1%.

Performance of the market in Poland.

The company's shares are up 6.7% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for TAURON Polska Energia that you should be aware of before investing here.

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