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Sodastream International Ltd Raises FY 2013 Guidance


Wednesday, 31 Jul 2013 07:30am EDT 

Sodastream International Ltd announced that based on second quarter results and current projections for the remainder of the year, the Company is raising its fiscal 2013 outlook. The Company now expects fiscal 2013 revenue to increase approximately 30% over fiscal 2012 revenue of $436.3 million, up from its previous guidance of 27%. The Company now expects fiscal 2013 Adjusted EBITDA to increase approximately 38% over fiscal 2012 Adjusted EBITDA of $61.1 million, up from its previous guidance of 36%. The Company now expects fiscal 2013 Adjusted net income, which excludes share-based compensation expense, to increase approximately 30% over the Adjusted net income of $50.0 million reported in fiscal 2012, up from its previous guidance of 27%. The Company expects fiscal 2013 net income to increase approximately 23% over fiscal 2012 net income of $43.9 million, up from its previous guidance of 20%. 

Company Quote

34.33
1.57 +4.79%
20 Aug 2014