Dovre Group Plc Half-year financial statement August 15 2024 at 900 am

Dovre Group Plc

Half-year financial statement August 15 2024 at 900 am

Dovre Group Plc reported earnings results for the half year ended June 30, 2024.

The company reported net sales of EUR 94.2 million for the period, up 11.4% from EUR 84.6 million in the same period last year.

Operating profit was EUR 10.8 million, up 17.3% from EUR 9.2 million in the prior year period.

• Earnings per share were EUR 0.27, up 14.3% from EUR 0.24 in the same period last year.
• The Renewable Energy segment consisting of the operations of the windmill park construction and operation saw its net sales increase by 10.1% to EUR 63.7 million.
• The Other Industries segment, which includes the operations of the steel structure manufacturing and related businesses, saw its net sales increase by 13.4% to EUR 30.5 million.

The company's financial position remained strong, with cash and cash equivalents of EUR 22.0 million as of June 30, 2024, compared to EUR 19.9 million as of December 31, 2023.

Dovre Group's financial statements for 2023 and annual report for 2023 will be published online at the latest on August 31, 2024.