S.P.E.E.H. Hidroelectrica Second Quarter 2024 Earnings: EPS: RON2.95 (vs RON4.95 in 2Q 2023)

S.P.E.E.H. Hidroelectrica (BVB:H2O) Second Quarter 2024 Results

Key Financial Results

• Revenue: RON2.62b (down 29% from 2Q 2023).
• Net income: RON1.36b (down 39% from 2Q 2023).
• Profit margin: 52% (down from 60% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RON2.95 (down from RON4.95 in 2Q 2023).

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

S.P.E.E.H. Hidroelectrica Earnings Insights

Looking ahead, revenue is expected to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 7.1%.

Performance of the market in Romania.

The company's shares are up 2.5% from a week ago.

Risk Analysis

Be aware that S.P.E.E.H. Hidroelectrica is showing 1 warning sign in our investment analysis that you should know about...

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