Burstone Group Full Year 2024 Earnings: EPS: R0.29 (vs R0.24 in FY 2023)

Burstone Group (JSE:BTN) Full Year 2024 Results

Key Financial Results

• Revenue: R2.05b (up 13% from FY 2023).
• Net income: R232.4m (up 19% from FY 2023).
• Profit margin: 11% (in line with FY 2023).
• EPS: R0.29 (up from R0.24 in FY 2023).

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

Burstone Group Earnings Insights

Looking ahead, revenue is expected to fall by 5.7% p.a. on average during the next 2 years compared to a 7.7% decline forecast for the REITs industry in South Africa.

Performance of the South African REITs industry.

The company's shares are up 5.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Burstone Group that we have uncovered.

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