Bitcoin price today: dips below $112k, near 6-wk low despite Fed cut bets
Investing.com -- JDE Peet’s N.V. (AS:JDEP) shares rose 11.7% on Wednesday after it reported first-half 2025 results that significantly exceeded expectations, prompting the coffee giant to raise its full-year guidance.
The company posted like-for-like sales growth of 22.5% for the first half, substantially above consensus estimates of 10.9%. Volume and mix contributed 1.0% to this growth, compared to analyst expectations of a 3.5% decline.
Adjusted operating profit reached €709 million, representing a 14% beat compared to consensus estimates of €622 million. The adjusted EBIT margin stood at 14.0%, higher than the expected 13.5%.
Organic adjusted EBIT grew by 2% year-over-year, defying market expectations of a 9% contraction.
Underlying earnings per share, excluding a one-off equity derivative boost, came in at €1.02, 16% ahead of market expectations of €0.88.
Free cash flow generation was strong at €565 million, significantly exceeding consensus estimates of €345 million and last year’s €315 million.
Based on these results, JDE Peet’s has upgraded its full-year 2025 outlook. The company now forecasts high-teens organic sales growth, up from its previous high single-digit guidance.
It also expects "at least stable" organic adjusted EBIT growth, an improvement from its earlier projection of a low single-digit decline.
Demand elasticity remained low during the period, with European volume growing 1.8% despite price increases of 15.4%. This performance was partly boosted by pre-buying ahead of planned price increases, an effect that is expected to partially reverse in the second half of the year.
JDE Peet’s shares are trading at €23.94, with Jefferies analysts maintaining a buy rating and a price target of €28.00, suggesting a potential upside of 17%.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.