FBD Holdings (ISE:EG7) H1 2024 results
Key financial results
- Sales: €225.7 million (up 12% compared to the first half of 2023).
- Net profit: €28.1 million (a decrease of 16% compared to H1 2023).
- Profit margin: 12% (compared to 17% in H1 2023). The margin decline is due to higher expenses.
- Earnings per share: €0.79 (compared to €0.91 in the first half of 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Insights into FBD Holdings’ earnings
An average turnover growth of 3.7% per annum is expected for the next three years. In the European insurance sector, growth is only forecast to be 5.2%.
Development of the market in Ireland.
The company’s shares rose 1.6% compared to the previous week.
Risk analysis
Don’t forget that there can still be risks. For example, we have found 4 warning signs for FBD Holdings (1 we don’t like so much) that you should be aware of.
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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.
