Swiss Prime Site (VTX:SPSN) First Half 2024 Results

Key financial results

• Sales: CHF 318.9 million (up 1.2% compared to the first half of 2023).

• Net profit: CHF 164.7 million (up 150% compared to the first half of 2023).

• Profit margin: 52% (compared to 21% in H1 2023).

• Earnings per share: CHF 2.14 (compared to CHF 0.86 in the first half of 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

Insights into Swiss Prime Site’s earnings

An average decline in sales of 7.9% per annum is expected in the Swiss real estate industry over the next three years, compared to a forecast decline of 6.2%.

Performance of the Swiss real estate industry.

The company’s shares rose 4.3% compared to the previous week.

Risk analysis

We should say we have discovered 3 warning signs for Swiss Prime Site (1 is a bit worrying!) that you should know before investing here.

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