Infortar (INF1T) Q2 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2024 earnings summary
27 Oct, 2026Executive summary
H1 revenue was €576.1m, EBITDA €75.5m and net income €73.0m; Q2 EBITDA fell to €1.5m from €34.0m YoY.
H1 investment in business growth exceeded €41m; cash was €185.2m at quarter-end.
Financial highlights
H1 revenue was €576.1m vs €560.4m; EBITDA €75.5m vs €86.6m, EBIT €63.4m vs €80.4m and net income €73.0m vs €83.7m.
Q2 revenue was €203.6m vs €212.9m; EBITDA €1.5m vs €34.0m, EBIT -€4.2m vs €30.7m and net income €11.0m vs €36.9m.
H1 basic EPS was €3.61 vs €4.14; diluted EPS was €3.48 vs €4.13.
Outlook and guidance
Strategic focus included expansion in Poland and Germany and securing wholesale gas-market access in the Netherlands and Belgium.
Gas transport capacity booked for 2024 included 15 LNG cargoes at Inkoo and 3 at Klaipėda; Klaipėda capacity is 3 TWh annually in 2025–2032 and 4 TWh in 2033–2044.
Rimi logistics center and Pärnu bridge construction were progressing as planned.
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