Danish brewer Harboes Bryggeri sets out 2025/26 forecasts

Danish brewer Harboes Bryggeri has issued its forecasts for EBITDA and pre-tax profits for its upcoming caller fiscal year.

In a connection issued connected 28 April, the Skælskør-based institution said it expects to present an EBITDA of DKr130-160m ($19.8-24.4m) and a nett earlier taxation of DKr30-60m for the fiscal twelvemonth 2025/26.

The institution said it expects integrated maturation successful beverages successful some Denmark and export markets, driven by ain brands.

Besides, the institution has opted retired of “selected” low-margin private-label contracts successful Germany.

“This planned strategical consolidation of the beverages concern is expected to effect successful an wide alteration successful measurement and gross successful beverages, portion the wide EBITDA borderline for beverages is expected to improve,” CFO Simon Andersson said.

In Harboes Bryggeri's ingredients division, measurement and gross are expected to increase, supported by expanded practice with existing customers connected caller merchandise types and the acquisition of caller customers.

The institution is besides readying a bid of investments successful 2025/26 to beforehand a much “efficient” and “sustainable” business.

Following years of deferred upgrades, the radical has launched respective initiatives, including investments successful accumulation equipment. This is aimed astatine enabling “cost ratio and transportation reliability successful the proviso chain,” Andersson said.

The brewer expects these completed and planned investments crossed the existent and adjacent fiscal years volition pb to higher depreciation successful 2025/26.

Additionally, the institution volition statesman implementing a caller ERP strategy to enactment ongoing operations and aboriginal growth.

Further details volition beryllium outlined successful the yearly study scheduled for merchandise connected 26 June.

For the fiscal twelvemonth 2024/25, Harboes Bryggeri has maintained its expectations of an EBITDA betwixt DKr140-150m and a nett earlier taxation of DKr50-60m, revised projections it acceptable retired past month

On 27 March, the radical issued a nett warning, blaming higher accumulation costs arsenic a main crushed for the move. It projected EBITDA of DKr140-150m and nett earlier taxation of DKr50-60m.

Long-term targets stay unchanged, the connection added. Harboes Bryggeri continues to purpose for an EBITDA borderline supra 10% and a instrumentality connected invested superior (ROIC) of much than 8%.

"Danish brewer Harboes Bryggeri sets retired 2025/26 forecasts" was primitively created and published by Just Drinks, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.