Full Year 2023 Lotus Bakeries NV Earnings Call Transcript
Good morning, everyone. And welcome to this management presentation of our annual results. I am here at (inaudible) together with Mike Cuvelier, our CFO; Isabelle Maes, our CMO and CEO of Natural Foods. So we will all presenting part of the presentation today.
It's a great day for our company. And I'm incredibly proud to announce that we have achieved a remarkable milestone: EUR1 billion. It's quite important for our company. After 91 years, we have reached that milestone. And we've seen an acceleration of our top line this last decade, but especially 2023 has created a record growth year of more than EUR185 million.
It's certainly surpassed our own expectations for '23. And it's healthy growth. And profitability has remained consistently strong. And you can -- looking at the P&L, it shows on the different consolidated lines, on the EBIT, on EBITDA, and also on the net profits. And thanks to this a nice profitability, we have generated a robust cash flow. And that cash flow resulted in a significant decrease in our [leveraging] level to just 0.6
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
