Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA

Latest Results (07.08.2024):

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% rise, amounting 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 hospitality and event businesses.

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 revenue growth of 10.9%.

EBITDA and Profit

Despite significant increases in costs for raw materials, auxiliary materials, energy, and logistics, Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA's EBITDA for 2023 was 19.1 million EUR, only slightly below the previous year's 20.2 million EUR. The annual net profit stood at 6.1 million EUR, slightly above the previous year's level.

Equity Ratio

The company's equity ratio improved to 49.4% in 2023, up from 47.0% in the previous year. This indicates a stronger financial position and better leverage management, contributing to the overall stability and growth potential of Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA.

Future Outlook

Looking ahead to 2024, the management of Mineralbrunnen Ueberkingen-Teinach GmbH & Co. KGaA expects a moderate increase in revenue compared to 2023. Despite anticipated high prices for raw materials and energy, the company forecasts an EBITDA slightly above the level of the past fiscal year, indicating cautious optimism for continued financial health.