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RFRG - Refresco NV News Story

€20.8 0.5  2.3%

Last Trade - 25/04/18

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £3.56bn
Position in Universe th / 846

BRIEF-Refresco Q4 Adjusted EBITDA Down At 50 Million Euros

Mon 5th March, 2018 6:43am
March 5 (Reuters) - REFRESCO GROUP NV  RFRG.AS :
    * REG-REFRESCO REPORTS Q4 & FY 2017 RESULTS AND STARTS
INTEGRATION
OF COTT'S BOTTLING ACTIVITIES
    * ‍Q4 TOTAL VOLUME WAS 1,525 MILLION LITERS (Q4 2016: 1,631
MILLION LITERS)​
    * ‍Q4 GROSS PROFIT MARGIN PER LITER WAS 14.6 EURO CENTS (Q4
2016:
14.5 EURO CENTS)​
    * ‍Q4 ADJUSTED EBITDA AMOUNTED TO EUR 50 MILLION (Q4 2016:
EUR 52
MILLION)​
    * REFRESCO WILL REFRAIN FROM PAYING A DIVIDEND OVER 2017
    * FY REVENUE EUR 2.27 BILLION VERSUS EUR 2.11 BILLION YEAR
AGO
    * IN THE MEDIUM TERM CO TARGETS AN AVERAGE ORGANIC VOLUME
GROWTH
IN THE LOW TO MID-SINGLE DIGITS BASED ON CURRENT MARKET OUTLOOK
    * GROSS PROFIT MARGIN PER LITER IN THE MEDIUM TERM MAY COME
DOWN
MARGINALLY DUE TO PRODUCT MIX E‚ECTS
    * ‍ON 22 JANUARY 2018 REFRESCO, PAI AND BCIMC ANNOUNCED
LAUNCH OF
RECOMMENDED CASH OFFER OF EUR 20 (CUM DIVIDEND) PER SHARE​
    * INTEGRATION OF COTT'S BOTTLING ACTIVITIES WILL HAVE
SIGNIFICANT
EFF‚ECT ON CO VOLUMES, RESULTS, FINANCING AND CAPITAL
EXPENDITURES

Source text for Eikon:  ID:nGNE1gR1tm 
Further company coverage:  RFRG.AS 

 (Gdynia Newsroom)
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