Report
JDE Peet's N.V. : Still on a coffee break
>A very decent 2021, with most segments beating expectations - JDE Peet’s reported strong organic sales growth in 2021 based on accelerated price increases in in H2 2021. In-home sales increased by 5.0% organically and away-from-home sales increased by 11.5%. Adjusted EBIT and underlying net profit marginally beat forecasts, but free cash flow came in very strong, attributable to working capital. Consequently, financial leverage was 2.7x (we had expected 2.9x) in 2021...
Underlying
JDE Peet's NV
Provider
Oddo BHF
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.
Robert Jan Vos
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