In This Article:
Instone Real Estate Group (ETR:INS) Full Year 2024 Results
Key Financial Results
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Revenue: €434.6m (down 16% from FY 2023).
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Net income: €31.2m (up 55% from FY 2023).
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Profit margin: 7.2% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses.
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EPS: €0.72 (up from €0.46 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Instone Real Estate Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 17%.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 13% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are down 7.1% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Instone Real Estate Group has 1 warning sign we think you should be aware of.
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