In This Article:
DEFAMA Deutsche Fachmarkt (ETR:DEF) Second Quarter 2024 Results
Key Financial Results
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Revenue: €6.57m (up 17% from 2Q 2023).
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Net income: €2.07m (up 121% from 2Q 2023).
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Profit margin: 32% (up from 17% in 2Q 2023). The increase in margin was primarily driven by higher revenue.
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EPS: €0.45 (up from €0.20 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DEFAMA Deutsche Fachmarkt Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that DEFAMA Deutsche Fachmarkt is showing 3 warning signs in our investment analysis and 2 of those make us uncomfortable...
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