Berentzen–Gruppe Aktiengesellschaft : Q1 2024 Preview – A mixed start to the year
>Higher margins due to prices increases implemented in 2023 - Berentzen will publish its Q1 2024 figures on 7 May 2024. After average growth rates of over 15% in the first quarters of 2022 and 2023, which were driven by pent-up consumer demand following the lifting of coronavirus restrictions on social life, we believe growth rates will slow down. Compared to Q1 2023, when the marketing campaign promoting the different varieties of liqueur products contributed to sign...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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