Berentzen-Gruppe Aktiengesellschaft
Berentzen-Gruppe Aktiengesellschaft: The Group’s revenues and results continue to grow in the first quarter of 2017
DGAP-News: Berentzen-Gruppe Aktiengesellschaft / Key word(s): Quarterly / Interim Statement/Quarterly / Interim Statement P R E S S R E L E A S E No. 12/2017 – Consolidated revenues rise by 3.7 % to EUR 40.7 million – Consolidated EBIT rises 21.9 % to EUR 1.6 million – Full-year outlook for 2017 reaffirmed: ongoing profitable growth anticipated Haselünne, May 10, 2017 – Berentzen-Gruppe Aktiengesellschaft, which is traded on the regulated market (General Standard) of the Frankfurt Stock Exchange (ISIN: DE0005201602), continued its growth trajectory in the first quarter of 2017. Over the first three months of the current financial year, consolidated revenues rose by 3.7% on the equivalent period of the previous year to EUR 40.7 million (Q1/2016: EUR 39.3 million). Consolidated earnings before interest and tax (EBIT) improved over the period from January to March 2017 to EUR 1.6 million (Q1/2016: EUR 1.3 million). “The Berentzen Group is seeing continued growth thanks to its diversified product portfolio. The successes achieved in the Non-alcoholic Beverages and Fresh Juice Systems segments are particularly pleasing. We see this growth as confirmation of our strategy aimed at moving our company towards segments involving natural and fresh products”, explains Frank Schübel, Berentzen-Gruppe Aktiengesellschaft’s Executive Board Spokesman. All in all, only the contributions to revenues from the Spirits segment saw a fall in comparison to the same quarter of the previous year. In this context, the Group succeeded in expanding the business with branded spirits outside of Germany, while the fact that the Easter business started at a later date than in the previous year caused a decline in the Spirits business in Germany in a quarter-on-quarter comparison. These developments give Frank Schübel every reason to be particularly satisfied with the improvement in the value added in those segments of special strategic importance to the corporate group: “In particular, a higher level of contribution margins in the Non-alcoholic Beverages and Fresh Juice Systems segments allowed us to generate a high gross profit unchanged on the level seen in the first quarter of 2016. At the same time, management of marketing activities to take account of seasonal market conditions in the domestic Spirits business enabled us to improve the consolidated operating result”, comments the Executive Board Spokesman. Outlook The Q1/2017 Interim Report has been published on Berentzen-Gruppe Aktiengesellschaft’s corporate website at www.berentzen-gruppe.de (direct link below): About the Berentzen Group: For more information
10.05.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
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: | ir@berentzen.de |
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 |