Ambra (AMB) Q2 24/25 earnings summary

Executive summary

• Net sales reached 546.2 million PLN, up 0.2% year-over-year, with volume sales of 59.9 million 0.75L bottles, a 4.1% increase year-over-year.

• EBIT rose 7.1% to 77.9 million PLN, and net profit attributable to majority shareholders increased 5.2% to 43.6 million PLN compared to the same period last year.

• Operational cash flow surged by 279.1% to 18.0 million PLN, while net interest-bearing debt decreased by 12.2% to 83.7 million PLN.

• Strong growth in non-alcoholic wines and beverages, especially CIN & CIN Free, PICCOLO, and ROBBY BUBBLE, as well as sparkling wines DORATO and ZAREA.

• Market share gains in Poland and Romania, but weaker performance in premium wines, ciders, and the Czech/Slovak segment.

Financial highlights

• Gross profit from sales increased to 195.4 million PLN from 181.6 million PLN year-over-year.

• EBITDA reached 93.2 million PLN, up from 87.4 million PLN year-over-year.

• Earnings per share (EPS) rose to 1.73 PLN from 1.65 PLN year-over-year.

• Dividend payout maintained at 1.10 PLN per share.

Outlook and guidance

• Management expects future results to be influenced by changes in premium wine and beverage consumption.

• Improving consumer confidence and declining inflation may positively impact sales and profitability.

• No significant changes in risk factors since the last annual report.