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News 15.08.2016

Refresco Reports Solid Q2 2016 Results

Refresco Group N.V. publishes second quarter and half year 2016 results…

Refresco Group N.V. publishes second quarter and half year 2016 results.

Q2 2016 highlights:

  • Group volume of 1,703.3 million liters (Q2 2015: 1,672.2 million liters), an increase of 1.9 %.
  • Co-Packing volume increased 18.8 % and comprised 25.2 % of total volume (Q2 2015: 21.6 %). Private Label volume decreased 2.8 %.
  • Gross profit margin per liter was 14.0 euro cents (Q2 2015: 14.2 euro cents).
  • Adjusted EBITDA increased to €68.3 million (Q2 2015: €67.6 million).
  • Adjusted net profit amounted to €30.3 million (Q2 2015: €29.0 million).
  • Adjusted EPS increased to 37.3 euro cents (Q2 2015: 35.7 euro cents).
  • Announced acquisition of US-based bottler Whitlock Packaging on 26 July.

For further information please visit www.refresco-gerber.com

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