Societatea Energetica Electrica Full Year 2024 Earnings: EPS: RON1.07 (vs RON2.27 in FY 2023)

Societatea Energetica Electrica (BVB:EL) Full Year 2024 Results

Key Financial Results

• Revenue: RON10.8b (down 18% from FY 2023).
• Net income: RON363.5m (down 53% from FY 2023).
• Profit margin: 3.4% (down from 5.9% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: RON1.07 (down from RON2.27 in FY 2023).

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

Societatea Energetica Electrica Earnings Insights

Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.5%.

Performance of the market in Romania.

The company's shares are down 1.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Societatea Energetica Electrica (1 is a bit unpleasant!) that we have uncovered.

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