Berentzen–Gruppe Aktiengesellschaft : H1 2024 – “Building BERENTZEN 2028” starts to bear fruit
>Group figures in line with preliminaries - Berenzten reported final H1 2024 results and confirmed its updated FY 2024 guidance (higher EBITDA and EBIT, lower revenue), which were in line with the preliminary release on 1 August 2024. Whereas revenue of € 88.1m (ODDO BHFe € 92.1m) was stable (-1% y-o-y) vs last year’s number, EBITDA and EBIT were significantly higher y-o-y and beat our forecast (+17%/+46%). The strong increase in profitability lead to EBITDA and EBIT ...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.
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