Ampol (ASX:ALD) First Half 2024 Results

Key Financial Results

• Revenue: AU$18.2b (down 1.1% from 1H 2023).

• Net income: AU$235.2m (up 197% from 1H 2023).

• Profit margin: 1.3% (up from 0.4% in 1H 2023). The increase in margin was driven by lower expenses.

• EPS: AU$0.99 (up from AU$0.33 in 1H 2023).

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

Ampol Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Oil and Gas industry in Australia.

Performance of the Australian Oil and Gas industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Ampol that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.