Globus Wine A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Primary activitiesThe Company's main activity is filling wine into bag-in-boxes and bottles. The wines are either sold as
Globus Wine's own brands or filled on behalf of third party brand owners.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

Development in activities and financesRevenue increased by DKK 93.2 million to DKK 906.4 million against DKK 813.2 million last year. Profit before tax decreased by DKK 29.7 million to DKK -39.0 million against DKK -9.3 million last year. Profit after tax decreased by 22.8 million to DKK -29.8 million from DKK -7.0 million last year. Equity of DKK 15.8 million as per 31. December 2023 is DKK 33.6 million lower than last year.

Beskrivelse af virksomhedens forventede udvikling

OutlookFor 2024, the company expects a revenue in the range DKK 900-940 million pre-excise wine duties and profit before tax of DKK 40-50 million. Positive cash flows from operating activities are expected.
In 2024 we will continue and intensify the strategic focus on building brands and realize organic growth in the Northern European markets for both own and partner brands. We will continue the focus on operational excellence and efficiency, which was significantly improved during 2023. We furthermore expect to reap the FY benefits of the initiatives implemented in 2023, with respect to profit margins, as we continue to serve and grow with our customers, with a joint ambition of further adding value and innovation to the wine category. The further benefit of being under the Anora umbrella will continue to materialize and lead to increased volume going through our operation. Ultimately, we believe the investments and initiatives made will lead to a positive bottom line for 2024.