EnviTec Biogas Reports First Half 2024 Earnings

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EnviTec Biogas (ETR:ETG) First Half 2024 Results

Key Financial Results

  • Revenue: €190.6m (up 24% from 1H 2023).

  • Net income: €22.6m (down 28% from 1H 2023).

  • Profit margin: 12% (down from 20% in 1H 2023). The decrease in margin was driven by higher expenses.

earnings-and-revenue-history
earnings-and-revenue-history

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

EnviTec Biogas shares are down 2.2% 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 EnviTec Biogas, and understanding it should be part of your investment process.

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