Whole Earth Brands Reports Fourth Quarter and Full Year 2023 Results
Whole Earth Brands, Inc. - Class A (FREE)
Company Research
Source: GlobeNewswire
CHICAGO, March 12, 2024 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced its financial results for its fourth quarter and full year ended December 31, 2023. Full Year Highlights Consolidated revenue of $550.9 million, an increase of 2.3% on a reported basis and 2.4% on a constant currency basis compared to the prior year period.Branded CPG revenue growth of 0.9% on a reported basis and 1.0% on a constant currency basis, driven primarily by pricing, partially offset by lower volume.Flavors & Ingredients revenue growth of 7.8% compared to 2022 on both a reported and constant currency basis, driven by a combination of strong volume growth and increased pricing.Operating income of $15.4 million and Adjusted EBITDA of $78.3 million.Cash provided by operating activities was $25.3 million for the yea
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FREE
Earnings
- 11/9/23 - Miss
FREE
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- FREE's page on the SEC website