Global Fashion Group First Half 2024 Earnings: €0.25 loss per share (vs €0.36 loss in 1H 2023)
Global Fashion Group (ETR:GFG) First Half 2024 Results
Key Financial Results
Revenue: €337.5m (down 18% from 1H 2023).
Net loss: €56.0m (loss narrowed by 30% from 1H 2023).
€0.25 loss per share (improved from €0.36 loss in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Global Fashion Group Earnings Insights
Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany.
Performance of the German Specialty Retail industry.
The company's shares are up 23% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Global Fashion Group (including 1 which is concerning).
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