Berentzen-Gruppe Reports Increased EBIT and EBITDA for 9M 2024

Berentzen-Gruppe Aktiengesellschaft has released its preliminary business figures for the first three quarters of 2024, reporting an increase in normalized consolidated operating profit (EBIT) to EUR 7.6 million from EUR 5.0 million in the same period of 2023. The company's EBITDA also rose from EUR 11.2 million to EUR 14.1 million. Despite a slight decrease in consolidated revenues from EUR 134.6 million in 2023 to EUR 133.5 million, the company attributes the improvement in earnings to a significant enhancement in gross profit.

The Berentzen Group has maintained its financial forecast for the full year 2024, anticipating a consolidated EBIT between EUR 9.0 and 11.0 million and EBITDA in the range of EUR 18.0 to 20.0 million. Revenue projections for the year are between EUR 185.0 and 195.0 million. These figures will be reviewed by the Supervisory Board's Finance and Audit Committee, with final metrics set for release on October 23, 2024.