Report
Eric Wilmer

Lucas Bols : Navigating a tough supply chain very well

>FY21/22 recap: solid across the board - Lucas Bols presented a solid set of FY21/22 results, with EPS beating BB consensus by 6% (operating profit by 12% excl. one-offs). On the demand side, the company is benefitting from on-trade reopenings, a strong US cocktail market and Dutch market share gains as a result of an effective brand and pricing architecture following a recent regulatory chance concerning a cap on promotions. The latter was most surprising to us, with...
Underlying
Lucas Bols NV

Lucas Bols NV manages the product development, bottling, distribution, sales and marketing of the brands Bols, Galliano, Vaccari, Damrak Gin, Pisang Ambon, Bokma, Hartevelt, Coebergh, PassoAPS and a large group of Dutch jenevers and liqueurs. Co.'s objective is to strengthen and grow its global brands in the international cocktail market while maintaining the competitiveness of its regional brands in regional and local markets.

Provider
Oddo BHF
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.

Analysts
Eric Wilmer

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