Key Developments: Sodastream International Ltd (SODA.O)
62.36USD
22 May 2013
$-2.47 (-3.81%)
$64.83
$63.23
$64.40
$61.66
1,470,668
945,464
$66.69
$29.44
Latest Key Developments (Source: Significant Developments)
Sodastream International Ltd Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 Earnings Guidance
Sodastream International Ltd announced that for fiscal 2013, it expects revenue to increase approximately 25% over fiscal 2012 revenue of $436.3 million. The Company expects adjusted EBITDA to increase approximately 36% over fiscal 2012 adjusted EBITDA of $61.1 million and net income on an adjusted basis, which excludes share-based compensation expense, to increase approximately 27% over the adjusted net income of $50.0 million reported in fiscal 2012. The Company expects fiscal 2013 net income to increase approximately 20% as compared with net income of $43.9 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $73.1 million and net income of $53.6 million for fiscal 2013. Full Article
Sodastream International Ltd Issues FY 2013 Mixed Guidance
Sodastream International Ltd announced that for fiscal 2013, it expects revenue to increase approximately 25% over fiscal 2012 revenue of $436.3 million. The Company expects adjusted EBITDA to increase approximately 34% over fiscal 2012 Adjusted EBITDA of $61.1 million and net income on an Adjusted basis, which excludes share-based compensation expense, to increase approximately 25% over the Adjusted net income of $50.0 million reported in fiscal 2012. The Company expects fiscal 2013 net income to increase approximately 18% as compared with net income of $43.9 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $510.5 million, EBITDA of $72.5 million and net income of $57.8 million for fiscal 2013. Full Article
Sodastream International Ltd Raises FY 2012 Guidance
Sodastream International Ltd announced that for fiscal 2012, it expects revenue to increase approximately 46% over fiscal 2011 revenue of $289.0 million, net income to increase approximately 59% over 2011 net income of $27.5 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $415 million and net income of $48 million for fiscal 2012. Full Article
Sodastream International Ltd Raises FY 2012 Guidance
Sodastream International Ltd raised fiscal 2012 guidance. The Company now expects fiscal 2012 revenue to increase approximately 40% over fiscal 2011 revenue of $289.0 million, up from its previous guidance of 33%. The Company now expects fiscal 2012 net income to increase approximately 55% over fiscal 2011 net income of $27.5 million, up from its previous guidance of 50%. Full Article
Kraft Foods Inc And Sodastream International Ltd Expand Co-Branded Flavors With Kool-Aid
Kraft Foods Inc and SodaStream International, Ltd. announced the expansion of their strategic partnership for the manufacturing, marketing, distribution and sale of Kraft Foods beverage brands for use with the SodaStream soda making system. The initial Kool-Aid flavor choices will be Cherry, Grape and Tropical Punch. These complement the existing co-branded portfolio, which includes several varieties of Crystal Light, the powdered drink mix, and Country Time, the number-one U.S. lemonade brand. The terms of the deal were not disclosed. The companies plan to have the products available at retail during the fourth quarter of 2012. Full Article
Sodastream International Ltd Raises FY 2012 Guidance
Sodastream International Ltd announced that for fiscal 2012 it expects revenues to increase approximately 33% over fiscal 2011 revenues of $289.0 million, up from its previous guidance of 28%. The Company now expects fiscal 2012 net income to increase approximately 50% over fiscal 2011 net income of $27.5 million, up from its previous guidance of 42%. Full Article
Kraft Foods, Inc. And SodaStream International, Ltd. Announces Strategic Co-Branding Deal
Kraft Foods, Inc. and SodaStream International, Ltd. announced a strategic partnership for the manufacturing, marketing, distribution and sale of Kraft Foods branded flavors for use with the SodaStream soda making system. This will be the first time that Kraft Foods flavors will be available specifically for use in a carbonated beverage. The initial Kraft Foods brands to participate will be several varieties of Crystal Light, a women's diet beverage, and Country Time, the number-one lemonade brand. One of the new carbonated choices will include an All-Natural lemonade. The terms of the deal were not disclosed. The Companies plan to have the products available at retail during the second quarter of 2012. Full Article
Sodastream International Ltd To Acquire Its Nordics And Baltics Distribution Rights From Its Exclusive Distributor Empire AB
Sodastream International Ltd announced that it will purchase its Nordic and Baltic distribution business, and all related assets, from its exclusive distributor, Empire AB, for a total net cost of EUR7.8 million. SodaStream will now directly distribute its products in Sweden, Finland, Norway, Denmark, Estonia, Latvia and Lithuania. The acquisition is being made by SodaStream International, B.V., a wholly owned subsidiary of SodaStream International, Ltd. Closing is expected to occur during the first week of January 2012. In connection with this acquisition, SodaStream has obtained distribution infrastructure, including all customer agreements, as well as personnel that are involved in the selling and marketing of SodaStream in the region. Sodastream International has also entered into a services agreement with Empire AB to ensure a smooth transition of back office and logistical support. Full Article
Sodastream International Ltd Announces New Distribution Partner in Brazil
SodaStream International Ltd announced that it has signed an exclusive distribution agreement in Brazil with Grupo M. Cassab. SodaStream products are expected to be available in Brazil during the first quarter of 2012. Full Article
Sodastream International Ltd Issues Q4 2011 Guidance; Net Profit Guidance Below Analysts' Estimates; Raises FY 2011 Guidance
Sodastream International Ltd announced that for fourth quarter of 2011, it expects revenue to increase by approximately 24% as compared with fourth quarter 2010 revenue of EUR50.0 million. Net income on an adjusted basis for the fourth quarter of 2011 is expected to be in line with the fourth quarter 2010 Adjusted net income of EUR4.3 million, reflecting an increase in advertising and promotional expenses to support the rollout of new distribution in the United States during the upcoming holiday season. For fiscal 2011, it expects revenue to increase by approximately 36% as compared with 2010 revenue of EUR160.7 million, up from its previous expectation of 30%. The Company now expects net income to increase by approximately 100% as compared with its net income of EUR9.7 million reported in 2010, up from its previous expectation of 60%. The guidance includes a share-based payment expense of approximately Euro 4.0 million in 2011. On an adjusted basis, excluding the share based payment expense, fiscal 2011 net income is now expected to be approximately EUR24 million, up from its previous expectation of approximately EUR20 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $59.51 million and net profit of $5.15 million for fourth quarter of 2011; revenue of $212 million and net income of $21 million for fiscal 2011. Full Article
SodaStream targets thrifty Italians with home drink machines
* Aims to reach 25 pct of Italian households in coming years
Earnings vs. 
Estimates
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