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Berentzen-Gruppe AG
Earnings Release • Feb 1, 2017
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Earnings Release
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Corporate | 1 February 2017 13:49
Berentzen-Gruppe Aktiengesellschaft: Preliminary business figures for 2016 – performance forecasts
DGAP-News: Berentzen-Gruppe Aktiengesellschaft / Key word(s): Preliminary Results
01.02.2017 / 13:49
The issuer is solely responsible for the content of this announcement.
P R E S S R E L E A S E No. 4/2017
Released for immediate publication
Berentzen-Gruppe Aktiengesellschaft:
Preliminary business figures for 2016 – performance forecasts achieved
– Consolidated revenues up 7.3 % to EUR 170.0 million
– Consolidated EBIT up 38.2 % to EUR 10.5 million
Haselünne, February 1, 2017 – Berentzen-Gruppe Aktiengesellschaft, listed on the regulated market (General Standard) of the Frankfurt Stock Exchange (ISIN: DE0005201602), recorded a successful 2016 financial year. Based on preliminary business figures that have not yet been audited, the Berentzen Group recorded consolidated revenues of EUR 170.0 million in the reporting year (2015: EUR 158.5 million), which corresponds to an increase of 7.3 %. The Group’s total operating performance increased by 8.6 % to EUR 172.7 million on the previous financial year (2015: EUR 159.0 million).
The key earnings figures developed even more positively, with consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) climbing by 11.5 % and expected to total EUR 17.5 (2015: EUR 15.7) million. Consolidated earnings before interest and taxes (EBIT) are forecast to amount to EUR 10.5 (2015: EUR 7.6 million), thus improving by 38.2 %. Traditionally stronger end-of-year business in the last quarter also made a key contribution to the strong development of these earnings figures.
“The long-term positive development is the result of the clear focus on our core competencies and brands as well as of extending our business activities to fresh and natural products”, says Frank Schübel, CEO of Berentzen-Gruppe Aktiengesellschaft. CFO Ralf Brühöfner adds: “It is especially pleasing that all business fields in the Group have contributed to the positive development in earnings.”
The preliminary business figures of Berentzen-Gruppe Aktiengesellschaft are subject to the audit opinion of the independent auditor as well as approval by the Supervisory Board. The final business figures as well as further information on the 2016 financial year are scheduled for publication on March 23, 2017 with the 2016 annual report.
About the Berentzen Group:
The Berentzen Group is a broad-based beverage company operating in the following three segments: Spirits, Non-alcoholic Beverages and Fresh Juice Systems. The Berentzen Group is one of the oldest producers of spirits in Germany with a corporate history going back over 250 years. Today, it has a presence in more than 60 countries around the world with well-known brands like Berentzen and Puschkin and attractively priced private label products. In its Non-alcoholic Beverages segment, the corporate group produces mineral waters, carbonated and non-carbonated soft drinks under its own brands and also boasts more than 50 years of experience in the franchise business for soft drinks, currently acting as franchisee for the Sinalco brand. In addition, the Berentzen Group markets innovative fresh juice systems under the Citrocasa brand in its third segment, thus serving the fast-growing market for modern, health-oriented drinks. The Berentzen-Gruppe Aktiengesellschaft share (ISIN DE0005201602) is listed on the regulated market (General Standard) of the Frankfurt Stock Exchange.
Further information is available at
Berentzen-Gruppe Aktiengesellschaft
Antje Schwindeler
Public Relations / Press
Phone +49 (0) 5961 502 215
01.02.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | Berentzen-Gruppe Aktiengesellschaft |
| Ritterstraße 7 | |
| 49740 Haselünne | |
| Germany | |
| Phone: | +49 (0)5961 502-0 |
| Fax: | +49 (0)5961 502-550 |
| E-mail: | [email protected] |
| Internet: | www.berentzen-gruppe.de |
| ISIN: | DE0005201602, DE000A1RE1V3, |
| WKN: | 520160, A1RE1V |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |