JDE Peet N : Historical Financials

Historical Results

		H1 18		H2 18		H1 19		H2 19		FY 17		FY 18		FY 19
Sales (EUR m)
CPG Europe	1,540		1,657		1,593		1,676		3,191		3,197		3,269
CPG LARMEA	484		550		508		603		1,124		1,034		1,111
CPG APAC	302		400		312		372		547		702		684
OOH	461		468		480		498		877		929		977
Peet's	366		405		427		451		751		771		878
Other	19		12		14		12		40		31		26
JDE Peet's	3,173		3,492		3,333		3,612		6,530		6,664		6,945
CPG Europe
Volume/mix	6.4%		3.1%		5.2%		3.8%				4.7%		4.4%
Price	-3.5%		-4.7%		-2.5%		-3.5%				-4.2%		-3.0%
Like-for-like growth (%)	2.8%		-1.6%		2.7%		0.3%				0.5%		1.4%
M&A
FX	-0.4%		-0.3%		0.7%		0.9%				-0.3%		0.9%
Reported sales growth (%)	2.5%		-1.9%		3.4%		1.2%				0.2%		2.3%
CPG LARMEA
Volume/mix	7.7%		9.8%		6.3%		10.3%				8.8%		8.2%
Price	-6.6%		-7.1%		-5.8%		-8.4%				-6.9%		-7.0%
Like-for-like growth (%)	1.0%		2.8%		0.5%		1.9%				1.9%		1.2%
M&A	3.3%		2.1%		9.2%		4.7%				2.7%		6.8%
FX	-13.8%		-11.6%		-4.8%		3.0%				-12.5%		-0.6%
Reported sales growth (%)	-9.5%		-6.7%		4.9%		9.6%				-8.0%		7.4%
CPG APAC
Volume/mix	2.8%		10.6%		-5.7%		-7.4%				7.2%		-6.8%
Price	-2.3%		-2.9%		-0.1%		-2.1%				-2.6%		-1.3%
Like-for-like growth (%)	0.6%		7.6%		-5.8%		-9.4%				4.6%		-8.1%
M&A	42.0%		16.2%		7.3%		-				27.1%		3.1%
FX	-12.3%		3.1%		1.8%		2.4%				-3.4%		2.4%
Reported sales growth (%)	30.2%		26.9%		3.3%		-7.0%				28.3%		-2.6%
OOH
Volume/mix	-0.9%		-0.7%		-1.1%		2.1%				-0.8%		0.7%
Price	-1.7%		-2.3%		-1.8%		-0.6%				-2.0%		-1.4%
Like-for-like growth (%)	-2.6%		-3.0%		-2.9%		1.5%				-2.8%		-0.7%
M&A	11.1%		8.4%		7.2%		6.1%				9.7%		6.7%
FX	1.4%		-3.1%		-0.3%		-1.2%				-1.0%		-0.7%
Reported sales growth (%)	9.9%		2.3%		3.9%		6.5%				5.9%		5.2%
Peet's
Volume/mix	5.6%		8.2%		7.7%		7.0%				7.0%		7.4%
Price	0.1%		1.3%		0.7%		-0.1%				0.6%		0.3%
Like-for-like growth (%)	5.7%		9.5%		8.5%		6.9%				7.6%		7.7%
M&A					0.3%		0.4%						0.3%
FX	-11.3%		1.3%		7.8%		4.0%				-5.0%		5.8%
Reported sales growth (%)	-5.5%		10.8%		16.6%		11.3%				2.6%		13.9%
Total JDE Peet's
Volume/mix	5.1%		4.8%		3.5%		3.8%				5.0%		3.6%
Price	-3.2%		-4.0%		-2.3%		-3.3%				-3.6%		-2.8%
Like-for-like growth (%)	1.9%		0.8%		1.2%		0.5%		3.7%		1.4%		0.8%
M&A	5.2%		3.0%		3.2%		1.6%				4.0%		2.3%
FX	-4.7%		-2.1%		0.6%		1.4%				-3.3%		1.0%
Reported sales growth (%)	2.4%		1.7%		5.0%		3.5%		10.1%		2.1%		4.2%
COGS					1,908		2,027		3,925		3,808		3,935
Gross Profit					1,425		1,585		2,605		2,856		3,010
Gross Profit Margin					42.8%		43.9%		39.9%		42.9%		43.3%
Total SG&A					954		1,013		1,898		1,947		1,967
Adjusted EBITDA	636		757		727		824		1,292		1,393		1,551
Depreciation & Amortization					210		209		357		339		419
Adjusted EBIT (in EUR m)
CPG Europe	426		475		482		472		840		901		954
CPG LARMEA	75		107		87		120		185		182		207
CPG APAC	51		85		42		74		92		136		116
OOH	85		91		89		90		167		176		179
Peet's	41		35		39		39		83		76		78
Other	(146)		(154)		(151)		(128)		(302)		(300)		(279)
JDE Peet's	531		640		588		667		1,065		1,171		1,255
Adjusted EBIT margin (in %)
CPG Europe	27.6%		28.7%		30.3%		28.2%		26.3%		28.2%		29.2%
CPG LARMEA	15.6%		19.4%		17.1%		19.9%		16.5%		16.7%		18.6%
CPG APAC	16.7%		21.4%		13.5%		19.9%		16.8%		19.4%		17.0%
OOH	18.3%		19.6%		18.6%		18.1%		19.0%		18.9%		18.3%
Peet's	11.1%		8.7%		9.1%		8.7%		11.1%		9.9%		8.9%
JDE Peet's	16.7%		18.3%		17.6%		18.5%		16.3%		17.6%		18.1%
Adjusting items (in EUR m)					(118)		(94)		(358)		(262)		(212)
Operating Profit / EBIT (in EUR m)					470		573		707		909		1,043
Net financial income / (expense)					(133)		(68)		(195)		(194)		(201)
Share of net profit of associates					(1)		-		(1)		-		(1)
Income tax expenses					(86)		(170)		(79)		(52)		(256)
Non-controlling interest					(67)		(94)		(114)		(190)		(161)
Net Result attr to the Owners					183		241		318		473		424
Capex					114		167		236		282		281
Free cash flow					428		750		685		1,031		1,178