Report
Eric Wilmer

Lucas Bols : Strong cash generation despite pandemic

>Strong cash generation despite pandemic - Lucas Bols’ FY 2020-2021 results contained no major surprises, as the company had already offered an impression of the fiscal year performance in a press release which announced the financing amendments the company agreed with its bank group (end of April). Lucas Bols managed to remain profitable and cash generative during the second and third (European) COVID-19 waves, driven by a strong focus on costs and strict cash manage...
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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