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Berentzen Gruppe AG
F:BEZ

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Berentzen Gruppe AG Logo
Berentzen Gruppe AG
F:BEZ
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Price: 3.47 EUR -0.86%
Market Cap: €32.6m

Berentzen Gruppe AG
Investor Relations

Berentzen Gruppe AG is a German beverage company best known for making spirits and ready-to-drink alcoholic products. Its portfolio includes liqueurs, schnapps, vodka, and mixed drinks, along with non-alcoholic beverages and syrups sold under its own brands and through private-label contracts. The company’s products are aimed at retail shoppers, bars, restaurants, and other drink distributors. The company makes money by producing and selling branded drinks to supermarkets, wholesalers, and food service customers, and by supplying store-brand products for retail chains. In practice, Berentzen sits between raw ingredient suppliers and the end customer: it buys agricultural inputs and other materials, turns them into finished beverages, and sells those drinks through established sales channels. What makes Berentzen’s business model distinctive is its mix of branded spirits and contract manufacturing. That gives it both consumer-facing brands and a steadier business from private-label production. It is a focused beverage maker rather than a broad food company, so its performance depends mainly on demand for alcoholic drinks, category trends, and the strength of its distribution relationships.

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Last Earnings Call
Fiscal Period
Q2 2022
Call Date
Aug 11, 2022
AI Summary
Q2 2022

Revenue rebound: Berentzen said first-half revenue rose 16.7% to EUR 79 million, or 21.4% organically after stripping out the Pepsi contract bottling effect, putting sales back near pre-pandemic levels.

Cost pressure: Management said energy, packaging, raw materials and logistics costs are still rising faster than pricing, which is pressuring gross margin and will remain the biggest challenge.

Outlook raised: Full-year revenue guidance was lifted to EUR 158 million to EUR 165 million, while EBIT was tightened to EUR 6 million to EUR 8 million and EBITDA to EUR 15 million to EUR 17 million.

Strong balance sheet: The company ended June with an equity ratio of 38.6% and net cash of EUR 2.8 million, showing a solid liquidity position despite seasonality.

Brand momentum: Core brands Berentzen, Pushkin, Mio Mio and Citrocasa all outperformed their markets, with Mio Mio and Fresh Juice Systems standing out as growth drivers.

Retail pricing fight: Management stressed that passing through higher costs to retailers will take time because supplier increases hit immediately while customer price negotiations lag by months.

Key Financials
Revenue
EUR 79 million
Organic revenue growth
21.4%
Gross profit
EUR 37.3 million
Gross margin
45.5%
EBITDA
EUR 7?
EBITDA margin
9.6%
EBIT
EUR 3.7 million
EBIT margin
4.6%
Equity ratio
38.6%
Balance sheet total
EUR 129.4 million
Net cash
EUR 2.8 million
Operating cash flow
EUR 6 million
Other Earnings Calls
2022

Management

Mr. Oliver Schwegmann
CEO & Member of Executive Board
No Bio Available
Mr. Ralf Bruhofner
CFO & Member of Executive Board
No Bio Available
Mr. Thorsten Schmitt
Head of CC & IR
No Bio Available
Mr. Jurgen Sommer
Head of Foreign Sales
No Bio Available
Torsten Timm
Managing Director of International Division
No Bio Available

Contacts

Address
NIEDERSACHSEN
Haseluenne
Ritterstr. 7
Contacts
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