- Spie reported first quarter revenue of €2.42 billion, which is an 8.5% increase compared to the previous year.
- Revenue in France was €813.5 million, showing a slight decrease of 0.8% year-on-year, and was below the market estimate of €835.4 million.
- Revenue in Germany increased significantly by 27% to €789.7 million, slightly under the estimate of €795 million.
- North-Western Europe revenue grew by 8.3% to €511.4 million, surpassing the expected €498.4 million.
- Global Services Energy revenue fell by 11%, totaling €120.5 million.
- Spie’s organic revenue growth was 2.1%, slightly below the estimate of 2.31%.
- The company maintains its full-year revenue forecast to be above €10 billion, while market predictions are at €10.6 billion.
- Spie confirmed its favorable full-year outlook, highlighting strong performance in Germany and North-Western Europe, supported by their leadership in active energy markets and positive trends across all sectors.
- Despite mixed economic conditions, France displayed resilience, maintaining its position despite a challenging comparison period.
- Market analysts have 10 buy ratings, 2 hold ratings, and zero sell ratings on Spie’s stock.
“`
A look at SPIE SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Long-Term Outlook for SPIE SA Utilizing Smartkarma Smart Scores
Based on the Smartkarma Smart Scores, SPIE SA shows a promising long-term outlook. With a strong emphasis on growth and momentum, SPIE is positioned well for future expansion and performance. The company’s high scores in growth and momentum indicate a positive trajectory for its business operations and market performance.
Additionally, SPIE SA demonstrates resilience and stability with decent scores in value and dividend factors. This suggests a balanced approach to financial health and shareholder returns. Overall, SPIE SA, a company providing engineering services globally, seems to be on a favorable path for long-term success.
### SPIE SA provides engineering services. The Company designs, constructs, and maintains electrical and mechanical infrastructure, energy applications, communication systems as well as offers facilities management, industrial machinery installations, and security equipment. SPIE serves clients worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
