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HASELÜNNE - Berentzen-Gruppe Aktiengesellschaft, a beverage company traded on the Frankfurt Stock Exchange under the ticker FRA:BEZ3, has released its preliminary business figures for the first nine months of 2024. The company reported a normalised consolidated operating profit (EBIT) of EUR 7.6 million, marking a significant increase from EUR 5.0 million during the same period in the previous year. Additionally, the normalised consolidated operating profit before depreciation and amortisation (EBITDA) rose to EUR 14.1 million from EUR 11.2 million in 9M 2023.
Despite a slight decrease in consolidated revenues from EUR 134.6 million to EUR 133.5 million, the company saw an improvement in consolidated gross profit, which contributed to the earnings growth.
The Berentzen Group's forecast for the full 2024 financial year remains unchanged from the projections updated on August 1, 2024. The company anticipates a consolidated operating profit (EBIT) ranging from EUR 9.0 to 11.0 million, up from the original forecast of EUR 8.0 to 10.0 million, and a consolidated EBITDA of EUR 18.0 to 20.0 million, compared to the earlier estimate of EUR 17.2 to 19.2 million. Expected consolidated revenues are projected to be between EUR 185.0 and 195.0 million, slightly adjusted from the original forecast of EUR 190.0 to 200.0 million, but still comparable to 2023's EUR 185.7 million.
These preliminary figures are pending review by the Supervisory Board's Finance and Audit Committee. The final business figures and additional details for the first three quarters will be disclosed in the Interim Report 9M 2024, scheduled for release on October 23, 2024.
The information provided is based on a press release statement from Berentzen-Gruppe Aktiengesellschaft.
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