Intred Reports First Half 2024 Earnings

Simply Wall St · 5d ago

Intred (BIT:ITD) First Half 2024 Results

Key Financial Results

  • Revenue: €26.0m (up 5.8% from 1H 2023).
  • Net income: €3.54m (down 9.2% from 1H 2023).
  • Profit margin: 14% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses.
  • EPS: €0.22.
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BIT:ITD Earnings and Revenue Growth September 28th 2024

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

Intred Earnings Insights

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Telecom industry in Italy.

Performance of the Italian Telecom industry.

The company's shares are up 7.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Intred you should know about.