Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA

Latest Results (20.08.2024):

Revenue Growth

Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA reported a significant increase in gross revenue for the fiscal year 2023. The company achieved a 6.0% growth, translating to an additional 9.9 million EUR, bringing the total to 174.3 million EUR. This growth was driven by an expanded product range, new customer acquisitions in the gastronomy sector, and a recovery in the hospitality and events industry.

Segment Performance

In the mineral water segment, the Teinacher brand saw a 6.0% increase in sales, while the Krumbach brand, which is more retail-oriented, experienced a 2.7% rise. Additionally, the juice and carbonated soft drinks segment, including brands like Vaihinger, Klindworth, and Cocktail Plant, achieved a combined sales growth of 10.9%, continuing the positive trend from the previous year.

EBITDA and Profit

Despite significant increases in costs for raw materials, energy, and logistics, Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA managed to maintain its EBITDA at 19.1 million EUR, only slightly below the previous year's 20.2 million EUR. The company's net profit for the year was 6.1 million EUR, slightly surpassing the previous year's figure.

Equity Ratio

The equity ratio of Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA improved to 49.4% in 2023, up from 47.0% in the previous year. This improvement reflects the company's strong financial health and its ability to manage its resources effectively despite challenging market conditions.

Future Outlook

Looking ahead to 2024, the management of Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA expects a moderate increase in revenue compared to 2023. The company also anticipates that the EBITDA will slightly exceed the level of the past fiscal year, even with the continued high prices for raw materials and energy.