Berentzen–Gruppe Aktiengesellschaft : Final 2023 in line with prelims, positive 2024 outlook
>Solid development in 2023 - Berentzen published its final 2023 operating results which were in line with prelims. released on 6 February, 2024. All key numbers were within the forecast ranges (Revenue € 182m - € 190m, EBITDA € 15.3m - € 16.3m, EBIT € 7m - € 8m). Revenue increased by 6.6% y-o-y to € 185.7m (ODDO BHFe: € 185.5m; cons: € 185.4m) and was entirely driven by price increases; unit sales were slightly lower than in the 2022 financial year. EBITDA declined by...Berentzen Gruppe AG is a Germany-based producer and distributor of liquors and non-alcoholic beverages. Under the Berentzen brand, the Company offers corn brandies and a range of fruit brandies made from apples, pears, wild and black cherries, plums, damsons, blackcurrants and red fruits, as well as from passion fruits and melons. Under the Puschkin brand, the Company offers vodka and fruit-flavored vodka, including blackberry and blood orange flavors. Other brands and products include Doornkaat, Strothmann, Bommerlunder Aquavit, Amaro Montenegro, Vecchia Romagna and Polar Limes, among others. In addition, the Company offers non-alcoholic beverages under the Vivaris and Sinalco brands. The Company operates through various subsidiaries across Germany.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.