INDUS Holding AG (INHG) announced an increase in its first half post-tax earnings, reaching €32.1 million, up from €21.7 million in the previous year. The earnings per share rose to €1.21, compared to €0.80 in the same period last year. However, operating income (EBIT) declined to €64.1 million from €84.9 million. Revenue for the first half of the year decreased to €839.1 million, down from €904.1 million previously.
For the full year 2024, INDUS has updated its projections. The company now anticipates sales to fall between €1.70 billion and €1.80 billion, down from the earlier forecast of €1.85 billion to €1.95 billion. They also revised their operating income (EBIT) expectations to between €125 million and €145 million, compared to the previous range of €145 million to €165 million.
