OSB Group (LON:OSB) results for the first half of 2024
Key financial results
- Revenue: £367.8m (up 96% from H1 2023).
- Net income: GBP 173.8 million (up 217% from H1 2023).
- Profit margin: 47% (compared to 29% in H1 2023). The increase in margin is due to higher sales.
- Earnings per share: GBP 0.44 (compared to GBP 0.13 in H1 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Insights into OSB Group’s results
Sales are expected to remain flat over the next three years, while the diversified financial services industry in the UK is forecast to decline by 11%.
Performance of British diversified financial industry.
The company’s share price fell 20% compared to the previous week.
Risk analysis
However, it is worth noting that we have found 3 warning signals for the OSB Group that you need to take into account.
New: AI Stock Screeners and Alerts
Our new AI Stock Screener scans the market daily to uncover opportunities.
• Dividend powerhouses (3%+ yield)
• Undervalued small caps with insider purchases
• Fast-growing technology and AI companies
Or create your own from over 50 metrics.
Try it now for free
Do you have feedback on this article? Are you concerned about the content? Contact us directly from us. Alternatively, send an email to editorial-team (at) simplywallst.com.
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.
