Overview
Germany beverage group's preliminary Q1 revenue fell yr/yr due to weaker Spirits segment sales
Preliminary Q1 EBIT and EBITDA declined compared to prior year
Company maintains 2026 outlook, expects improvement in H2 from brand and product innovations
Outlook
Berentzen-Gruppe expects 2026 normalised consolidated EBIT at EUR 7.0 mln to 9.0 mln
Company sees 2026 normalised consolidated EBITDA at EUR 16.1 mln to 18.1 mln and revenue at EUR 163 mln to 173 mln
Company expects positive effects from brand and product innovations in H2 2026
Result Drivers
SPIRITS SEGMENT WEAKNESS - Co said lower Q1 revenue was mainly due to weaker sales volumes in the Spirits segment, particularly in Germany, citing continued consumer restraint
LOWER EARNINGS - Co said declines in EBIT and EBITDA were a consequence of lower consolidated revenues
Company press release: ID:nEQ7GVSFGa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 35.20 mln
Q1 EBITDA
EUR 2.40 mln
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
Wall Street's median 12-month price target for Berentzen Gruppe AG is €8.00, about 126% above its April 14 closing price of €3.54
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)