EQS-News: Berentzen-Gruppe Aktiengesellschaft publishes 2024 Annual Report – Significant increase in consolidated operating profit – Forecast for 2025 announced

Berentzen-Gruppe Aktiengesellschaft publishes 2024 Annual Report

Significant increase in consolidated operating profit – Forecast for 2025 announced

• Consolidated operating profit (EBIT) increased by around 37 per cent to EUR 10.6 million
• Consolidated revenues of EUR 181.9 million
• Proposed dividend of EUR 0.11 per share

Haselünne, March 27, 2025 – Berentzen-Gruppe Aktiengesellschaft, which is listed on the regulated market (General Standard) of the Frankfurt Stock Exchange (ISIN: DE0005201602), published today its Annual Report for the 2024 financial year. According to the report, the Group generated consolidated revenues of EUR 181.9 million (2023: EUR 185.7 million). Consolidated earnings before interest and taxes (consolidated EBIT), adjusted for exceptional effects, increased by around 37 per cent to EUR 10.6 million (2023: EUR 7.7 million). Consolidated earnings before interest, taxes, depreciation and amortisation (consolidated EBITDA) amounted to EUR 19.3 million (2023: EUR 16.0 million).

“In the 2024 financial year, we were confronted with an extremely challenging market environment. We are all the more pleased that we were able to achieve such a significant increase in our most important earnings figures”, says Oliver Schwegmann, CEO of the Berentzen Group. The significant increase in consolidated EBIT – and also in consolidated EBITDA – is attributable to a significantly higher consolidated gross profit, supported by an improvement in product margins. In addition, the Group succeeded in achieving a positive free cash flow. In light of this, the Executive Board together with the Supervisory Board will propose the payment of a dividend of EUR 0.11 per share at the Annual General Meeting on May 23, 2025 (2023: EUR 0.09 per share). “This is also a strong sign of our confidence in the future development of the Berentzen Group”, says Schwegmann.

New corporate strategy shows first signs of success

At the beginning of the 2024 financial year, the Berentzen Group presented its new corporate strategy Building BERENTZEN 2028. For the first time, this also included a quantified medium-term forecast for the Group's key performance indicators for the 2028 financial year. “We are pleased that we were able to achieve the first significant successes in the 2024 financial year and that we have already implemented important measures”, explains Schwegmann. One strategic milestone, for example, was the decision to sell the production site in Grüneberg, Brandenburg. “Although this transaction, which was largely liquidity-neutral, led to exceptional effects on net profit in the 2024 financial year, it will have a significantly positive impact on both consolidated operating profit and free cash flow in the medium term”, says Schwegmann.

Outlook for the 2025 financial year

With the 2024 Annual Report, the Berentzen Group also announced its forecast for the current 2025 financial year. Due to the loss of the mineral water business at the Grüneberg site, the Group expects a negative effect on consolidated revenues of between six and eight million euros. Nevertheless, it expects consolidated revenues in the range of EUR 180.0 to 190.0 million. Consolidated EBIT is forecast to be between EUR 10.0 and 12.0 million and consolidated EBITDA between EUR 19.0 and 21.0 million.

“We will again implement numerous projects and initiatives this year”, explains Schwegmann, adding: “In February, we started to launch our popular Mio Mio brand in 0.33-litre cans for the first time. This will enable us to tap into numerous new sales channels.” In addition to the further expansion of the sales structure, the significant increase in the marketing budget for the strategic core brands is also a key measure to generate a positive development in sales volumes again. “After a long absence, we are returning to prime time TV with our Berentzen brand. All in all, our initiatives will enable sustainable growth in line with our corporate strategy Building BERENTZEN 2028”, Schwegmann concludes.

The Annual Report is published at: www.berentzen-gruppe.de/en/investors/reports

About the Berentzen Group:

The Berentzen Group is a modern, innovative beverage company with a history dating back more than 260 years. Broadly positioned in the segments of Spirits, Non-Alcoholic Beverages, and Fresh Juice Systems, the Group today develops, produces, and markets beverage concepts for a wide range of consumer needs, including spirits, mineral water products, soft drinks, and fruit presses for fresh-squeezed orange juice. With well-known brands like Berentzen, Puschkin, Mio Mio, and Citrocasa, as well as contemporary private-label products, the Berentzen Group is present today in more than 60 countries of the world. The shares of Berentzen-Gruppe Aktiengesellschaft (ISIN DE0005201602) are listed on the Regulated Market (General Standard) of the Frankfurt Stock Exchange.

Further information is available at:

Berentzen-Gruppe Aktiengesellschaft

Thorsten Schmitt

Director Corporate Communications & Strategy

Tel. +49 (0) 5961 502 215

pr@berentzen.de

www.berentzen-gruppe.de