Lucas Bols : Preview of FY 2020/21 results due 27 May
>FY 2020/21 highlights largely shared on 29 April - On 29 April, Lucas Bols had already offered an impression of its FY 2020/21 results which accompanied a press release dedicated to announcing the financing amendments the company agreed with its bank group (see below). The company expects FY 2020/21 revenues to be € 57.3m (down 32% yoy), with a gross margin of around 52.5%). It achieved € 8m in cost savings, resulting in an anticipated operating profit of € 8.6m. Str...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.
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