Monday , October 25 2021

Results results for the third quarter of 2018 | 11/12/18



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(Unless otherwise stated, all comparisons for the third quarter of 2018 relate to the third quarter of 2017, each in the US dollar.)

TORONTO ac TAMPA, Florida. November 12, 2018 / PRNewswire / –

Cott Corporation (NYSE: COT) (TSX: BCB) today announced its results for May 29th. September 2018 finishing third quarter

THIRD QUARTER 2018 HIGHLIGHTS – CURRENT BUSINESS ACTIVITIES

  • Sales of 5% (6% excluding the effects of exchange rate and have adapted for the change in average coffee costs) to $ 609 million versus $ 581 million.
  • Net net net income and net earnings per weakened share were $ 9 million and $ 0.06, respectively, compared to the net income and weak earnings of all weakened shares of $ 2 million and $ 0.01, that order. dollars. EBITDA increased by 11% to $ 93 million.
  • Income of around $ 32 million was paid to shareholders by $ 8 million in quarterly dividends and $ 24 million in share retailers.
  • The year 2018 target has been updated for consolidated revenue of more than $ 2.35 billion to approximately $ 2.37 billion, and a full year operational cash flow for a full year 2018 to around $ 245 million with approximately $ 125 million capital expenditure, result in a cash flow adapted at the top of our expectations of $ 115 to $ 120 million (excluding acquisitions, integration and other modifications).
  • Procurement of Mountain Valley, a rapidly growing USA premium source and a deep water brand, one of the most famous home and office brands ("HOD") in the world USA is. Mountain Valley has been constantly refilling glass since 1871 with a production facility in Aberystwyth Hot Springs, Arkansasand four secure and proprietary sources in the Ouachita Mountains that overlap the demand. Businesses include HOD, the natural food channel, certification, e-commerce and strategic contract packing.

"We had a good revenue revenue and earnings in this quarter, which was driven by an increase in customer numbers, usage, pricing and Procurement of Trail Based Services," he said Jerry Fowden, CEO o Cott, "Because our Footprint Services business has performed well, including the implementation of our Mountain Valley pricing and procurement initiatives with a fast growing source of premium, lightweight and taste source water"We are well placed to reach our 2018 and 2019 cash flow goals," Mr. Fowden.

WORLD-OUR THIRD QUARTER 2018 DEVELOPMENT – EXTENSION OF BUSINESS ACTIVITIES

  • Sales from 5% to $ 609 million (6% except exchange rate effects and adapted for the change in average coffee costs), which are driven by strong growth in the segment of the Route Based Services:

Ongoing business activity

bridge sales

C3 2017 revenue

$

580.9

Path Based Services

29.2

Coffee, tea and solutions

1.1

Effects of exchange rate(A)

-3.0

Change the average throughput costs for green coffee products(B)

-4.3

others

5.4

Sell ​​3rd Quarter 2018

$

609.3

(A)

See Appendix 5 for details per report.

(B)

See Appendix 8 for details by reporting a segment.

  • Gross profit increased by 6% to $ 311 million, mainly as a result of revenue growth, which included the implementation of prices during the quarter, which mitigated the general inflation gains dominating the Services segment is a Route in 2018.
  • Interest costs were $ 19 million compared to $ 23 million.
  • Net net net income and net earnings per weakened share were $ 9 million and $ 0.06, respectively, compared to the net income and weak earnings of all weakened shares of $ 2 million and $ 0.01, that order. dollars.
  • EBITDA reported was $ 78 million, compared to $ 75 million a year ago, and Modified EBITDA increased by 11% to $ 93 million. Both were driven by sales growth and gross edge growth.
  • In the third quarter, cash flow from operations of $ 78 million was less than $ 36 million in capital expenditure resulting in $ 42 million in free cash flow identified and free cash flows after adjusting from $ 56 million Million dollars & US compared to a free cash flow that was adjusted from $ 13 million a year earlier. Since the beginning of the year, cash flow from operations of $ 146 million was less than $ 95 million in capital expenditure resulting in $ 51 million in the free cash flow reported and free cash conversion of $ 85 million US Dollars (see appendix 7).

THIRD QUARTER 2018 OUTCOMES – DEVELOPMENT OF REQUIREMENTS

Path Based Services

  • Sales increased by 7% (7% other than foreign exchange) to $ 424 million. Detailed analysis is shown below.

Path Based Services

bridge sales

C3 2017 revenue

$

397.3

In the context of HOD Water

27.1

retail

2.8

OCS

1.9

others

-2.6

Change without the effects of exchange rate

29.2

Effects of exchange rate(A)

-2.8

Sell ​​3rd Quarter 2018

$

423.7

(A)

See Appendix 5 for details per report.

  • Gross profit increased from 7% to $ 267 million, driven mainly by increased revenue from customer growth, increased use and benefits of the benefits of identity, while our pricing initiatives offset market inflation ; n successful in 2018,
  • Operating income increased by 27% to $ 38 million, mainly due to increased gross profits.

Coffee, tea and solutions

  • Revenue reimbursed 2% to $ 140 million (up 1%, adapted for the change in average coffee costs), reflecting lower coffee raw material costs, changing customer mix, and disproportionate growth in coffee and coffee 9% last year as we increased our market share and fill new customer pipelines. The 1% increase in sales adapted for the change in average coffee cost was driven by a 51% increase in the volume of liquid selection, partially offset by a 3% reduction in the number Roasted coffee and land.

Coffee, tea and solutions

bridge sales

C3 2017 revenue

$

143.4

coffee volume

-3.4

Kafeepreis / mix

-0.6

Coffee and liquid extracts

3.3

others

1.8

Change without changing the average
Throughput costs for green coffee products

1.1

Change the average throughput costs for green coffee products(A)

-4.3

Sell ​​3rd Quarter 2018

$

140.2

(A)

See Appendix 8 for details by reporting a segment.

  • Gross profit was $ 35 million compared to $ 37 million and operating income was $ 5 million compared to $ 4 million as the effect of roast coffee and smaller meals and price / mix relocated to Fast food stores more than offset by the growth of liquid extraction and lower SG and A costs.

PROGRAM FOR FREE VALUE AND VALUE FOR THE FULL YEAR 2018 OUR OUR BUSINESS ACTIVITIES

Cott updated its full year-round planned revenues for 2018 to $ 2.37 billion, and was key to the operating segment operating for full year 2018 revenue as follows:

Operational segment
(in billions of dollars)

Sales 2018 *

Route Services:

$

1.61

Coffee, tea and selective solutions:

$

0.58

Everyone else:

$

0.18

Combined full year 2018:

$

2.37

The full 2018 operating cash flow guidelines have been updated of around $ 245 million, with capital expenditure of around $ 125 million, which means that a free cash flow has adapted at the top of our guide of $ 115 million to $ 120 million (excluding acquisitions, integration and other adjustments) and full year cash flow flow projections year 2019 from around $ 265 to $ 270 million with capital expenditure of around $ 120 million resulting in cash flows after free conversion over $ 150 million (excluding procurement, integration and other working capital adjustments).

It is expected that the acquisition of the Mynydd Dyffryn will generate sales of around $ 8-9 million in 2018 as part of the Cott operations and included in the above revenue expectations for 2018. Mountain Valley will provide only nominal benefits to cash flow for not due to the timing of the acquisition.

SHARE RHAGLEN buyback

Cott has been refurbished of around 1.6 million shares at an average price of $ 15.40 in its previous stock redeployment program previously published in the third quarter, which equates to approximately $ 24 million.

The redemption program is capped at $ 50 million, starting on May 7, 2018 and ends on May 6, 2019. Cott intends to manage this program conveniently and repurchase it to & # 39; each other if managers believe market conditions are favorable.

There can be no certainty that the actual number of shares will be resold in the future, if any, under the Share Repurchase Program or over the entire dollar amount of the Procurement Procurement in the future. Cott may suspend the purchase at any time, subject to compliance with the relevant law. The shares obtained under the shares purchase program have been canceled.

TELEPHONE CONFERENCE ON THREE THREE QUARTER OUTCOMES 2018

The Corporation Cott will be present today, on 8th. November 2018To hold a conference call at 10:00 ET ET to discuss the third quarter results. Access data is as follows:

North America: (888) 231-8191
International: (647) 427-7450
Conference ID: 7586828

Live audio broadcasts will be available on the Cottage website at http://www.cott.com/. The conference call will be recorded and archived to re-play in the Investors' Relations section of the website for a period of two weeks after the event.

COTT CORPORATE INFORMATION

Cott is a water company, coffee, tea, drawing and filtering services with a national volume-based presence in the home supplying and North American water and water supply supplies. He is also a leader in coffee roasting, ice tea combination and selection solutions for the US hospitality industry. Our platform reaches over 2.5 million customers or presentation points in North America and Europe and it is supported by local sales and fleet offices as well as wholesalers and distributors. This enables us to effectively serve homes, shops, chain restaurants, hotels and motels, small and large retailers, and healthcare facilities.

Non-GAAP Measures

To complement the reports on GAAP financial measures, Cott uses specific non-GAAP measures. Cott does not include GAAP revenues of the effects of currency and change in average coffee costs to separate the impact of these factors from the consequences of Cott. Cott uses EBITDA and EBITDA to adapt globally to separate the effect of some basic business items. As Cott uses these appropriate financial results to manage its business, managers believe that this supplementary information is useful for investors for their independent assessment and understanding of performance and management performance basic basic Cott. In addition, Cott complements its cash inflow and cash outflow of ongoing operations reported under GAAP to ban additions to properties, equipment and equipment to reflect cash flow and procurement and free integration, adjustment to net working capital in the context with the Refresco Focus Delivery Agreement and other cash flows that have free conversion, which, in the opinion of the manager, provide information useful for investors to assess our performance, compare our performance with peer group performance and evaluate our ability to service debts to serve and fund strategic opportunities that include investing in our business, strategic acquisitions, dividend payments, repurchase common stock and strengthen the balance sheet. The non-GAAP financial measures described above are in addition to GAAP Cott financial statements and should not be considered better or in place. In addition, non-GAAP financial measures included in this statement of earnings reflect and may differ from the views of managers of specific items and therefore are not similar to similar designated measures from other companies.

Safe Harbor Statement

This statement contains innovative statements within the meaning of Section 27A of the Securities Act 1933 and Section 21E of the Securities Exchange Act of 1934, which expresses expectations of future managers based on plans, Estimates and prospects of the date that Cott conveys. Innovative statements include inherent risks and uncertainties, and Cott warns that many important factors can cause real results very different from those in such innovative statements. The statements that look forward to this press release include, but are not limited, the number of shares resold under the share repurchase program, implementing our strategic priorities, trends and Future financial and future results (including Cotto sales and free cash flow forecasts in 2018) and related aspects. The statements that look forward are based on assumptions about current plans and management estimates. Managers think these assumptions are reasonable, but they are not sure they will prove it.

Factors that may cause real results differ from those described in this statement include, among others: our ability to compete successfully in the markets in which we operate; Discrimination in goods prices and able to transfer higher costs to customers or to hedgerows against rising costs of this type and the effect of these rising prices on our volumes; Our ability to run our business successfully; Our ability to fully capitalize on the potential benefits of acquisitions or other strategic opportunities we will follow; Potential obligations related to the Refresco transaction; our ability to realize the revenue synergies and the cost of our recent acquisitions due to integration issues and other challenges; The limited nature of our compensation rights under our Maintenance Agreements recently; our risk for intangible assets; Currency auctions that include the exchange between the US dollar, a British pound, a euro, a Canadian dollar and other currency; and it could adversely affect the exchange between the British pound and the euro; Our ability to maintain favorable agreements and relationships with suppliers; our ability to meet our obligations under our contracts and to resist the risks of further increasing our debts; our ability to comply with the obligations and conditions of our debt arrangements; Variations in interest rates that could increase our lending costs; commit to significant obligations to fund our recent acquisitions; the impact of global financial events on our financial results; Changes in credit rating; our ability to achieve the expected cost savings and / or operational efficiency in full of restructuring activities; any production impairment in our production facilities; our ability to maintain access to water sources; our ability to protect our intellectual property; comply with product health and safety standards; Liability for injuries or diseases caused by the use of contaminated products; Accountability and harm of good reputation through litigation or legal proceedings; Changes in the legal and regulatory environment in which we operate; the seasonal nature of our business and the effects of bad weather; the impact of national, regional and global events, including some of the political, economic, commercial and competition nature; our ability to hire, retain and integrate new control; Our ability to extend our joint agreements on satisfactory terms; An impairment of our information systems; our ability to control our customers' confidential or credit card information or other personal information safely about our employees or our company; our ability to maintain our quarterly dividend; our ability to adequately address the challenges and risks associated with international activities and resolve regulatory compliance and compliance issues, including: U.S. Pat. The Crude Exercise Exercise Act and the UK Brutality Act 2010; increase tax liabilities in the different jurisdictions in which we operate; our ability to use taxable features to offset future taxable income; and the effect of the Tax Closures and Jobs Act 2017 on our tax liabilities and the effective tax rate.

The list of factors above is not exhaustive. Readers are notified not to rely overweight on statements that look forward to valid from the date of their publication. Readers are encouraged to review carefully and consider the various disclosures, including: a. The risk factors included in the Cotts Annual Report on Form 10-K and quarterly reports on Form 10-Q and other files with securities commissions. Cott does not undertake any obligation to update or amend these statements in connection with new information or future events, unless it is specifically required by the relevant law.

Website: http://www.cott.com/

COTT CORPORATION

APPENDIX 1

ACCOUNT ACCOUNTS AND ACCOUNT ACCOUNT

(in millions of dollars, excluding stock amounts and amounts per share, US GAAP)

unchecked

Three months i

Nine months i

September 29
2018

September 30th
2017

September 29
2018

September 30th
2017

Sell, net

$

609.3

$

580.9

$

1,773.7

$

1,698.4

cost of sale

298.8

288.1

888.3

849.7

gross profit

310.5

292.8

885.4

848.7

Selling, administration and other expenses

279.9

263.2

816.2

778.2

Loss (gains) on disposal of property, equipment and equipment, net

1.2

(0.4)

3.8

4.8

Procurement and integration costs

1.6

7.7

10.8

21.7

executive profit

27.8

22.3

54.6

44.0

Other income net

(0.6)

(3,4)

(33.0)

(6.0)

Interest cost, net

18.9

23.2

58.3

62.1

Profit (loss) of operating activities before income tax

9.5

2.5

29.3

(12.1)

Income tax expense

1.0

0.9

4.0

1.0

Net profit (loss) of operating activities

$

8.5

$

1.6

$

25.3

$

(13.1)

Net profit from operations that ended, net of income taxes

1.5

43.0

357.5

1.0

Net profit (loss)

$

10.0

$

44.6

$

382.8

$

(12.1)

Less: Net income attributable to minority interests – operations that ended

– –

2.1

0.6

6.4

Net gains (losses) attributable to the Corporation Corporation

$

10.0

$

42.5

$

382.2

$

(18.5)

Net gain (loss) per common share attributable to Corporation Corporation

undefined:

Ongoing business activity

$

0.06

$

0.01

$

0.18

$

(0.09)

Operations that ended

$

0.01

$

0.29

$

2.56

$

(0.04)

Net profit (loss)

$

0.07

$

0.30

$

2.74

$

(0.13)

weakening:

Ongoing business activity

$

0.06

$

0.01

$

0.18

$

(0.09)

Operations that ended

$

0.01

$

0.29

$

2.51

$

(0.04)

Net profit (loss)

$

0.07

$

0.30

$

2.69

$

(0.13)

Average weighted average number of ordinary shares remaining (in thousands)

not weakened

138,787

139,205

139,503

138,980

weaken

141,176

141,003

141,963

138,980

Distribution of dividend by common share

$

0.06

$

0.06

$

0.18

$

0.18

COTT CORPORATION

APPENDIX 2

CONSOLIDATED BALANSAU

(in millions of dollars, other than stock stocks, US GAAP)

unchecked

September 29, 2018

December 30, 2017

ASSETS

current assets

Cash and cash equivalent

$

175.7

$

91.9

Trade receivables, less adjustments worth $ 9.4 ($ 7.8 from December 30, 2017)

331.9

285.0

stocks

136.6

127.6

Prepaid costs and other current assets

29.7

20.7

Current assets of operations that have ceased

– –

408.7

Total current assets

673.9

933.9

Properties, equipment and equipment, net

591.5

584.2

Goodwill

1,129.1

1,104.7

Intangible, net assets

732.4

751.1

Deferred tax assets

1.4

2.3

Other long term assets, net

31.8

39.4

Long-term assets of operations that ended

– –

677.5

Total assets

$

3,160.1

$

4,093.1

CAPITAL PASSIVA A SHARE

Short-term liabilities

Short-term loans

9.0

– –

Short-term loans that must be repaid or restated in the context of sales

– –

220.3

Short-term maturity for long-term liabilities

3.1

5.1

Trade payables and deferred income

463.4

412.9

Short-term liabilities of operations that ended

– –

295.1

Total short term liabilities

475.5

933.4

Long-term liabilities

1,262.9

1,542.6

Obligations that must be repaid or restated in the context of the sale

– –

519.0

Deferred tax liabilities

132.8

98.4

Other long-term liabilities

74.8

68.2

Non-current obligations of operations that have ceased

– –

45.8

Total liabilities

1,946.0

3,207.4

share capital

Common shares of no value – 138,105,592 (December 30, 2017 – 139,488,805) shared

911.3

917.1

capital reserves

72.7

69.1

Backup gains (loss of balance sheet)

321.2

(12.2)

Another comprehensive comprehensive loss

(91.1)

(94.4)

Total Capital Share Capital Corporation

1,214.1

879.6

minority interests

– –

6.1

Total share capital

1,214.1

885.7

Total liabilities and share capital

$

3,160.1

$

4,093.1

COTT CORPORATION

APPENDIX 3

CONSOLIDATED CASH FLOW STATEMENT

(in billions of dollars, US GAAP)

unchecked

Three months i

Nine months i

September 29
2018

September 30th
2017

September 29
2018

September 30th
2017

Cash flow from operating activities on-going operations:

Net profit (loss)

$

10.0

$

44.6

$

382.8

$

(12.1)

Net profit from operations that ended, net of income taxes

1.5

43.0

357.5

1.0

Net profit (loss) of operating activities

$

8.5

$

1.6

$

25.3

$

(13.1)

Adjustments to reconciliate net income (loss) from operating activities on-going operations:

Depreciation and value adjustments

49.6

49.4

145.7

141.8

Depreciation of funding costs

0.9

0.6

2.6

1.4

Write down on bond premiums

– –

(1,1)

(0.4)

(3.9)

Compensation costs based on sharing

6.8

2.1

14.6

11.1

(Provisions) for deferred income rates

0.1

(3.1)

2.8

1.4

Loss (profit) of goods hedge, net

– –

(0.4)

0.3

(1.9)

Profit on business disposals

– –

– –

(6.0)

– –

Profit of debt settlement

– –

– –

(7.1)

(1.5)

Loss (gains) on disposal of property, equipment and equipment, net

1.2

(0.4)

3.8

4.8

Other non-cash items

0.8

(8.4)

(1,3)

(13.2)

Change in assets and operating obligations, adapted for acquisitions:

Trade receivables

(21.8)

(16.4)

(41.0)

(36.7)

stocks

4.3

(4.9)

(9.4)

(14.5)

Deferred income and other current assets

(0.8)

2.5

(7.4)

(0.3)

Other assets

0.2

0.7

1.4

4.8

Taladwyion trade and other provisions and liabilities

28.4

24.0

22.2

58.5

Cash flow from operating operations on-going operations

78.2

46.2

146.1

138.7

Cash flow from investment activities from ongoing operations:

Acquisitions, less cash and cash equivalents received

(0.4)

(3,4)

(67.0)

(33.4)

Additions to property, equipment and equipment

(36.3)

(38.2)

(95.0)

(97.1)

Additives to intangible assets

(2.7)

(3,4)

(6.9)

(6.0)

Profit from the sale of property, equipment and equipment

0.8

3.1

3.7

6.0

Profit from the sale of less cash and cash equivalent business activities sold

– –

– –

12.8

– –

Profit from the sale of equity securities

7.9

– –

7.9

– –

Other investment activity

0.1

0.5

0.4

0.9

Outflow funding from investment activities of ongoing operations

(30.6)

(41.4)

(144.1)

(129.6)

Cash flow from financing activities from operating activities

Repayment of long-term liabilities

(0.2)

(0.3)

(263.5)

(101.9)

Announcement of non-current liabilities

– –

– –

– –

750.0

Financial debts under credit transactions based on assets (ABL)

0.4

– –

1.4

– –

Payments under asset based credit transactions (ABL)

(0.4)

– –

(1.4)

– –

Prämien und Kosten bei Tilgung langfristiger Verbindlichkeiten

– –

– –

(12.5)

(7.7)

Ausgabe von Stammaktien

1.8

2.1

6.0

2.9

Zurückgekaufte und eingezogene Stammaktien

(24.4)

(0.1)

(46.1)

(1.9)

Finanzierungskosten

– –

– –

(1.5)

(11.1)

An die Stammaktionäre gezahlte Dividenden

(8.3)

(8.4)

(25.1)

(25.1)

Nachträgliche Kaufpreisleistung für Akquisitionen

– –

– –

(2.8)

– –

Sonstige Finanzierungstätigkeit

1.9

– –

4.0

0.5

Mittelzufluss (-abfluss) aus der Finanzierungstätigkeit der fortgeführten Geschäftsbereiche

(29.2)

(6.7)

(341.5)

605.7

Cashflows aus nicht fortgeführter Geschäftstätigkeit:

Geschäftstätigkeit der nicht fortgeführten Geschäftsbereiche

(5.6)

47.4

(93.6)

56.1

Investitionstätigkeit der nicht fortgeführten Geschäftsbereiche

– –

(13.3)

1.228.6

(36.7)

Finanzierungstätigkeit der nicht fortgeführten Geschäftsbereiche

– –

(9.2)

(769.7)

(610.5)

Mittelzufluss (-abfluss) aus der Finanzierungstätigkeit der nicht fortgeführten Geschäftsbereiche

(5.6)

24.9

365.3

(591.1)

Einfluss von Wechselkursänderungen auf den Finanzmittelbestand

0.5

2.0

(8.0)

6.4

Nettozunahme des Barbestands, der zahlungswirksamen Mittel und Zahlungsmittel mit Verfügungsbeschränkung

13.3

25.0

17.8

30.1

Barbestand und zahlungswirksame Mittel und Zahlungsmittel mit Verfügungsbeschränkung, Beginn des Berichtszeitraums

162.4

123,2

157.9

118,1

Barbestand und zahlungswirksame Mittel und Zahlungsmittel mit Verfügungsbeschränkung, Ende des Berichtszeitraums

175.7

148.2

175.7

148.2

Barbestand und zahlungswirksame Mittel und Zahlungsmittel mit Verfügungsbeschränkung der nicht fortgeführten Geschäftsbereiche, Ende des Berichtszeitraums

– –

66.2

– –

66.2

Barbestand und zahlungswirksame Mittel und Zahlungsmittel mit Verfügungsbeschränkung aus laufender Geschäftstätigkeit, Ende des Berichtszeitraums

$

175.7

$

82.0

$

175.7

$

82.0

COTT CORPORATION

ANLAGE 4

SEGMENTINFORMATIONEN

(in Milliarden US-Dollar, US GAAP)

Ungeprüft

Drei Monate zum 29. September 2018

(in Millionen US-Dollar)

Route Based
Services

Kaffee, Tee und
Extracts

Alle Sonstigen

Eliminierungen

Summe

Umsätze, no

Lieferung von abgefülltem Wasser für Haushalte und Büros

$

271,1

$

– –

$

– –

$

– –

$

271,1

Kaffee- und Tee-Dienstleistungen

45.4

113.0

0.9

(1.4)

157.9

Einzelhandel

61.3

– –

16.9

(0.3)

77.9

Sonstige

45.9

27.2

29.3

– –

102.4

Summe

$

423.7

$

140.2

$

47,1

$

(1.7)

$

609.3

Bruttogewinn

$

267.4

$

35.4

$

7.7

$

– –

$

310.5

Bruttomarge in%

63.1%

25.2%

16.3%

– –

51.0%

Betriebsgewinn (-verlust):

$

37.5

$

5.0

$

(14.7)

$

– –

$

27.8

Abschreibungen und Wertberichtigungen

$

41.9

$

5.8

$

1,9

$

$

49,6

Drei Monate zum 30. September 2017

(in Millionen US-Dollar)

Route Based
Services

Kaffee, Tee und
Extraktlösungen

Alle Sonstigen

Eliminierungen

Summe

Umsätze, netto

Lieferung von abgefülltem Wasser für Haushalte und Büros

$

252,5

$

252,5

Kaffee- und Tee-Dienstleistungen

44,2

120,9

0,7

165,8

Einzelhandel

58,6

11,7

70,3

Sonstige

42,0

22,5

27,8

92,3

Summe

$

397,3

$

143,4

$

40,2

$

$

580,9

Bruttogewinn (a)

$

249,2

$

36,8

$

6,8

$

$

292,8

Bruttomarge in %

62,7 %

25,7 %

16,9 %

50,4 %

Betriebsgewinn (-verlust):

$

29,6

$

3,5

$

(10,8)

$

$

22,3

Abschreibungen und Wertberichtigungen

$

41,7

$

6,0

$

1,7

$

$

49,4

Neun Monate zum 29. September 2018

(in Millionen US-Dollar)

Route Based
Services

Kaffee, Tee und
Extraktlösungen

Alle Sonstigen

Eliminierungen

Summe

Umsätze, netto

Lieferung von abgefülltem Wasser für Haushalte und Büros

$

759,5

$

$

$

$

759,5

Kaffee- und Tee-Dienstleistungen

139,8

349,0

2,5

(3,9)

487,4

Einzelhandel

177,1

49,1

(0,3)

225,9

Sonstige

131,0

82,8

87,2

(0,1)

300,9

Summe

$

1.207,4

$

431,8

$

138,8

$

(4,3)

$

1.773,7

Bruttogewinn (a)

$

752,8

$

111,5

$

21,1

$

$

885,4

Bruttomarge in %

62,3 %

25,8 %

15,2 %

49,9 %

Betriebsgewinn (-verlust):

$

77,6

$

12,3

$

(35,3)

$

$

54,6

Abschreibungen und Wertberichtigungen

$

122,8

$

17,2

$

5,7

$

$

145,7

Neun Monate zum 30. September 2017

(in Millionen US-Dollar)

Route Based
Services

Kaffee, Tee und
Extraktlösungen

Alle Sonstigen

Eliminierungen

Summe

Umsätze, netto

Lieferung von abgefülltem Wasser für Haushalte und Büros

$

715,5

$

$

$

$

715,5

Kaffee- und Tee-Dienstleistungen

134,9

369,6

2,0

506,5

Einzelhandel

165,7

33,9

199,6

Sonstige

118,8

70,6

87,4

276,8

Summe

$

1.134,9

$

440,2

$

123,3

$

$

1.698,4

Bruttogewinn (a)

$

710,9

$

117,9

$

19,9

$

$

848,7

Bruttomarge in %

62,6 %

26,8 %

16,1 %

50,0 %

Betriebsgewinn (-verlust):

$

61,9

$

13,1

$

(31,0)

$

$

44,0

Abschreibungen und Wertberichtigungen

$

119,1

$

17,2

$

5,5

$

$

141,8

(a) Beinhaltet Verkäufe von Konzentraten an verbundene Unternehmen an aufgegebene Geschäftsbereiche.

COTT CORPORATION

ANLAGE 5

ERGÄNZENDE INFORMATIONEN – NICHT-GAAP-KONFORM – AUFTEILUNG DER UMSATZE NACH BERICHTSSEGMENT

Ungeprüft

(in Millionen US-Dollar, ausser Prozentangaben)

Drei Monate zum 29. September 2018

Route Based
Services

Kaffee, Tee und
Extraktlösungen

Alle Sonstigen

Eliminierungen

Cott (a)

Umsatzveränderung

$

26,4

$

(3,2)

$

6,9

$

(1,7)

$

28,4

Wechselkurseffekte (b)

$

2,8

$

$

0,2

$

$

3,0

Veränderung ohne Wechselkurseffekte

$

29,2

$

(3,2)

$

7,1

$

(1,7)

$

31,4

Umsatzveränderung in Prozent

6,6 %

(2,2) %

17,2 %

100,0 %

4,9 %

Umsatzveränderung in Prozent ohne Wechselkurseffekte

7,3 %

(2,2) %

17,7 %

100,0 %

5,4 %

(a) Cott erfasst die folgenden Berichtssegmente: Route Based Services, Kaffee, Tee und Extraktlösungen und Alle Sonstigen.

(b) Wechselkurseffekte sind die Differenz zwischen dem Umsatz des aktuellen Berichtszeitraums, der unter Verwendung der durchschnittlichen Wechselkurse des aktuellen Berichtszeitraums umgerechnet wird, und dem Umsatz des aktuellen Berichtszeitraums, der unter Verwendung der durchschnittlichen Wechselkurse des vorherigen Berichtszeitraums umgerechnet wird.

COTT CORPORATION

ANLAGE 6

ZUSÄTZLICHE INFORMATIONEN – NICHT-GAAP-KONFORM – ERGEBNIS VOR ZINSEN, STEUERN UND ABSCHREIBUNGEN

(EBITDA)

(in Millionen US-Dollar)

Ungeprüft

Drei Monate zum

Neun Monate zum

29. September
2018

30. September
2017

29. September
2018

30. September
2017

Nettogewinn (-verlust) aus laufender Geschäftstätigkeit

$

8,5

$

1,6

$

25,3

$

(13,1)

Zinsaufwand, netto

18,9

23,2

58,3

62,1

Ertragssteueraufwand

1,0

0,9

4,0

1,0

Abschreibungen und Wertberichtigungen

49,6

49,4

145,7

141,8

EBITDA

$

78,0

$

75,1

$

233,3

$

191,8

Akquisitions- und Integrationskosten (a), (b), (c)

1,6

7,7

10,8

21,7

Aktienbasierte Vergütungsaufwendungen (d)

10,2

1,9

16,2

8,7

Verlust (Gewinn) aus Rohstoffabsicherung, netto (e)

(0,4)

0,3

(1,9)

Fremdwährungs- und sonstige Verluste (Gewinne), netto (f)

0,4

(0,2)

(10,8)

(1,1)

Verlust aus dem Abgang von Sachanlagen, netto (g)

1,2

3,8

5,7

Gewinn aus der Tilgung langfristiger Verbindlichkeiten (h)

(7,1)

(1,5)

Veräusserungsgewinn (i)

(6,0)

Sonstige Anpassungen, netto (b), (j)

1,4

(0,2)

(0,4)

1,8

Bereinigtes EBITDA

$

92,8

$

83,9

$

240,1

$

225,2

(a) Beinhaltet eine Reduzierung der aktienbasierten Vergütungsaufwendungen um 3,4 Mio. USD bzw. 1,6 Mio. USD  für die am 29. September 2018 endenden drei bzw. neun Monate
im Zusammenhang mit den gewährten Prämien im Rahmen der Übernahme unserer S&D- und Eden-Geschäfte und einer Erhöhung
der aktienbasierten Vergütungsaufwendungen um 0,2 Mio. USD bzw. 2,4 Mio. USD für die am 30. September 2017 endenden drei bzw. neun Monate im Zusammenhang mit den gewährten Prämien
im Rahmen der Übernahme unserer S&D- und Eden-Geschäfte.

(b) Mit der Anwendung der aktualisierten Rechnungslegungsstandards vom Juli 2017, „Compensation-Retirement Benefits (Topic 715)", wurde der zuvor in den Akquisitions- und Integrationskosten erfasste Gewinn aus der Kürzung von Pensionen in Höhe von 4,5 Mio. USD
für die drei und neun Monate bis zum 30. September 2017 umgegliedert und unter Sonstige Anpassungen, netto ausgewiesen
, Diese Umgliederung hatte keinen Einfluss auf das bereinigte EBITDA für die drei und neun Monate bis zum 30. September 2017.

Drei Monate zum

Neun Monate zum

29. September
2018

30. September
2017

29. September
2018

30. September
2017

(ungeprüft)

(ungeprüft)

(c) Akquisitions- und Integrationskosten

Akquisitions- und Integrationskosten

$

1,6

$

7,7

$

10,8

$

21,7

(d) Aktienbasierte Vergütungsaufwendungen

Vertriebs-, Verwaltungs- und sonstige Kosten

10,2

1,9

16,2

8,7

(e) Verlust (Gewinn) aus Rohstoffabsicherung, netto

Umsatzkosten

(0,4)

0,3

(1,9)

(f) Fremdwährungs- und sonstige Verluste (Gewinne), netto

Sonstige Erträge, netto

0,4

(0,2)

(10,8)

(1,1)

(g) Verlust aus dem Abgang von Sachanlagen, netto

Verlust aus dem Abgang von Sachanlagen, netto

1,2

3,8

5,7

(h) Gewinn aus der Tilgung langfristiger Verbindlichkeiten

Sonstige Erträge, netto

(7,1)

(1,5)

(i) Veräusserungsgewinn

Sonstige Erträge, netto

(6,0)

(j) Sonstige Anpassungen, netto

Sonstige Erträge, netto

(3,0)

(6,6)

(3,0)

Vertriebs-, Verwaltungs- und sonstige Kosten

1,3

2,8

4,9

4,8

Umsatzkosten

0,1

1,3

COTT CORPORATION

ANLAGE 7

ZUSÄTZLICHE INFORMATIONEN – NICHT-GAAP-KONFORM – FREIER CASHFLOW UND BEREINIGTER FREIER CASHFLOW

(in Millionen US-Dollar)

Ungeprüft

Drei Monate zum

29. September 2018

30. September 2017

Mittelzufluss aus laufender Geschäftstätigkeit der fortgeführten Geschäftsbereiche

$

78,2

$

46,2

Abzüglich:  Zugänge zum Sachanlagevermögen

(36,3)

(38,2)

Freier Cashflow

$

41,9

$

8,0

Plus:

Betriebliche Akquisitions- und Integrationskosten

3,1

4,6

Anpassung des Working Capital – Refresco Konzentrat-Liefervertrag (a)

2,6

Zusätzliche Erlöse aus dem Primo-Rahmenvertrag (b)

7,9

Bereinigter freier Cashflow

$

55,5

$

12,6

Neun Monate zum

29. September 2018

30. September 2017

Mittelzufluss aus laufender Geschäftstätigkeit der fortgeführten Geschäftsbereiche

$

146,1

$

138,7

Abzüglich:  Zugänge zum Sachanlagevermögen

(95,0)

(97,1)

Freier Cashflow

$

51,1

$

41,6

Plus:

Betriebliche Akquisitions- und Integrationskosten

12,5

16,9

Anpassung des Working Capital – Refresco Konzentrat-Liefervertrag (a)

13,7

Zusätzliche Erlöse aus dem Primo-Rahmenvertrag (b)

7,9

Bereinigter freier Cashflow

$

85,2

$

58,5

(a) Erhöhung des Working Capital verbunden mit dem Konzentrat-Liefervertrag mit Refresco im Zusammenhang mit der Transaktion.

(b) Das Unternehmen erhielt Optionsscheine im Zusammenhang mit unserem Betriebsvertrag 2014 mit der Primo Water Corporation.

COTT CORPORATION UND BERICHTSSEGMENT KAFFEE, TEE UND EXTRAKTLÖSUNGEN

ANLAGE 8

ERGÄNZENDE INFORMATIONEN – NICHT-GAAP-KONFORM – AUFTEILUNG DER UMSÄTZE

(in Millionen US-Dollar)

Ungeprüft

Cott (a)

Kaffee, Tee und Extraktlösungen

Drei Monate zum

Drei Monate zum

29. September
2018

30. September
2017

29. September
2018

30. September
2017

Umsätze, netto

$

609,3

$

580,9

$

140,2

$

143,4

Umsatzveränderung

$

28,4

$

(3,2)

Umsatzveränderung in Prozent

4,9 %

(2,2) %

Wechselkurseffekte (b)

$

3,0

$

Auswirkungen der Änderung der durchschnittlichen Kosten für Rohkaffee (c)

$

4,3

$

4,3

Veränderung ohne Wechselkurseffekte und Auswirkungen der Änderung der durchschnittlichen Kosten für Rohkaffee

$

35,7

$

1,1

Prozentuale Umsatzveränderung ohne Wechselkurseffekte und Auswirkungen der Änderung der durchschnittlichen Kosten für Rohkaffee

6,1 %

0,8 %

(a) Cott erfasst die folgenden Berichtssegmente: Route Based Services, Kaffee, Tee und Extraktlösungen und Alle Sonstigen.

(b) Wechselkurseffekte sind die Differenz zwischen dem Umsatz des aktuellen Berichtszeitraums, der unter Verwendung der durchschnittlichen Wechselkurse des aktuellen Berichtszeitraums umgerechnet wird, und dem Umsatz des aktuellen Berichtszeitraums, der unter Verwendung der durchschnittlichen Wechselkurse des vorherigen Berichtszeitraums umgerechnet wird.

(c) Die Auswirkungen der Änderung der durchschnittlichen Kosten für Rohkaffee stellen die Differenz zwischen den durchschnittlichen Kosten pro Pfund Rohkaffee im laufenden Berichtszeitraum und den durchschnittlichen Kosten pro Pfund Rohkaffee in des vorigen Berichtszeitraums dar, multipliziert mit den im laufenden Berichtszeitraum verkauften Pfund Kaffee.

Jarrod Langhans, Investor Relations, Tel: (813) 313-1732, [email protected]

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