Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA

Latest Results (08.02.2026):

Summary — Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA, Q4 2024 (full-year 2024 results): The company reported strong full-year 2024 results with revenue growth, improved profitability and a materially higher net profit. Management delivered Bruttoumsatz of EUR 186.2m (+6.8% vs. 2023) (Konzernumsatz after consumption taxes EUR 156.2m, +6.1%), EBITDA of EUR 21.1m (up from EUR 19.1m) and a Konzern-Jahresüberschuss of EUR 12.1m (vs. EUR 6.1m in 2023). The board proposes an increased ordinary dividend plus a one‑off special dividend; balance-sheet metrics and cash generation improved while capex and strategic investments continued.

Top-line and volume performance

Bruttoumsatz: EUR 186.2m in 2024 (+6.8% year-on-year). Konzernumsatz after deduction of consumption taxes: EUR 156.2m (+6.1%). Management highlights that main brands (Teinacher, Vaihinger, Krumbach, Cocktail Plant, Hirschquelle) grew volumes and outperformed the respective market.

Profitability

EBITDA rose to EUR 21.1m (2023: EUR 19.1m). EBIT improved to EUR 9.7m (2023: EUR 7.4m). Konzern-Jahresüberschuss doubled to EUR 12.1m (2023: EUR 6.1m), helped partly by one‑off effects noted by management.

Shareholder returns

The management proposes a higher ordinary dividend (Stammaktie EUR 0.70; Vorzugsaktie EUR 0.78) plus a one‑off special dividend of EUR 0.40 per share (subject to AGM approval). Proposed total payout for 2024: EUR 8.55m; remaining profit carried forward ~EUR 31.12m.

Balance sheet and leverage

Equity increased to EUR 75.6m and equity ratio rose to 52.9% (2023: 49.4%). Reported Verschuldung (financial liabilities including named debenture) fell to EUR 12.9m (2023: EUR 14.1m), indicating lower net leverage.

Investments and operational items

Capex/investments totaled EUR 11.2m (2023: EUR 9.5m) focused on capacity expansion and filling-line investments at Teinach and Krumbach plus other site projects (Kißlegg, Bad Teinach‑Zavelstein, Lauterecken, Merzig). Several photovoltaic installations were commissioned in 2024.

Per‑share metrics and market data

Reported EPS: Stammaktie EUR 1.47, Vorzugsaktie EUR 1.55. Year‑end market prices: Stammaktie EUR 13.00, Vorzugsaktie EUR 12.50 (31 Dec 2024).

Outlook and governance

Management guidance for 2025: expectation of further brand growth and a slight revenue increase; EBITDA expected slightly above prior-year level. Independent auditor (EY) issued an unqualified opinion on the 2024 consolidated and parent financial statements.