ageas First Half 2024 Earnings: EPS: €3.49 (vs €2.89 in 1H 2023)

Simply Wall St · 09/01 07:53

ageas (EBR:AGS) First Half 2024 Results

Key Financial Results

  • Revenue: €4.31b (up 16% from 1H 2023).
  • Net income: €642.0m (up 21% from 1H 2023).
  • Profit margin: 15% (in line with 1H 2023).
  • EPS: €3.49 (up from €2.89 in 1H 2023).
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ENXTBR:AGS Earnings and Revenue Growth September 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

ageas Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Insurance industry in Europe.

Performance of the market in Belgium.

The company's shares are up 4.0% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with ageas, and understanding this should be part of your investment process.