Cibus Nordic Real Estate Second Quarter 2024 Earnings: EPS: €0.039 (vs €0.073 in 2Q 2023)

Cibus Nordic Real Estate (STO:CIBUS) Second Quarter 2024 Results

Key Financial Results

• Revenue: €36.4m (up 7.8% from 2Q 2023).
• Net income: €2.23m (down 44% from 2Q 2023).
• Profit margin: 6.1% (down from 12% in 2Q 2023).
• EPS: €0.039 (down from €0.073 in 2Q 2023).

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

Cibus Nordic Real Estate Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Real Estate industry in Sweden.

Performance of the Swedish Real Estate industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Cibus Nordic Real Estate has 2 warning signs (and 1 which can't be ignored) we think you should know about.

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