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JDE Peet's reports full-year results 2023

Strong H2 23, marking the return to the long-term profitability algorithm PRESS RELEASE Amsterdam, 21 February 2024 Key items1 Organic sales up +3.9% (H2 23: +4.3%), with positive volume/mix momentum in H2Organic adj. EBIT up +1.1% (H2 23: +5.5%); up more than 6% FY when excluding Russia's performanceOrganic adj. gross profit increased +2.9% (H2 23: +4.7%), from premiumisation and efficienciesFree cash flow of EUR 522 million and leverage of 2.7x, despite currency headwindsUnderlying EPS of...
Noord Holland United States Douwe Egberts Robin Jansen Rainforest Alliance International Financial Reporting Standards
Source: yahoo.com

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Peet's Coffee Continues Operations in Russia; Reveals Rebranding Plans as Western Companies Leave

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