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JDE Peet s names interim CEO | Food Business News

JDE Peet s N V : JDE Peet s reports full-year results 2023

JDE Peet s N V : JDE Peet s reports full-year results 2023
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JDE Peet s reports full-year results 2023

Strong H2 23, marking the return to the long-term profitability algorithm PRESS RELEASE Amsterdam, 21 February 2024 Key items1 Organic sales up +3.9% (H2 23: +4.3%), with positive volume/mix momentum in H2Organic adj. EBIT up +1.1% (H2 23: +5.5%); up more than 6% FY when excluding Russia's performanceOrganic adj. gross profit increased +2.9% (H2 23: +4.7%), from premiumisation and efficienciesFree cash flow of EUR 522 million and leverage of 2.7x, despite currency headwindsUnderlying EPS of EUR

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