Lucas Bols NV's gross profit for the
six
months ended in Sep. 2023 was €28.7 Mil. Lucas Bols NV's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was €49.6 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Lucas Bols NV's gross profit for the
six
months ended in Sep. 2023 was €28.7 Mil. Lucas Bols NV's Revenue for the
six
months ended in Sep. 2023 was €55.7 Mil. Therefore, Lucas Bols NV's Gross Margin % for the quarter that ended in Sep. 2023 was 51.44%.
Lucas Bols NV had a gross margin of 51.44% for the quarter that ended in Sep. 2023 => Durable competitive advantage
During the past 12 years, the highestGross Margin % of Lucas Bols NV was 61.97%. The lowest was 49.55%. And the median was 57.75%.
Warning Sign:
Lucas Bols NV gross margin has been in long-term decline. The average rate of decline per year is -2.9%.
Lucas Bols NV Gross Profit Historical Data
The historical data trend for Lucas Bols NV's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Lucas Bols NV's Gross Profit
For the Beverages - Wineries & Distilleries subindustry, Lucas Bols NV's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lucas Bols NV's Gross Profit Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Lucas Bols NV's Gross Profit distribution charts can be found below:
* The bar in red indicates where Lucas Bols NV's Gross Profit falls into.
Lucas Bols NV Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Lucas Bols NV's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €49.6 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Lucas Bols NV (LTS:0R6E) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Lucas Bols NV had a gross margin of 51.44% for the quarter that ended in Sep. 2023 => Durable competitive advantage
Lucas Bols NV Gross Profit Related Terms
Thank you for viewing the detailed overview of Lucas Bols NV's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Lucas Bols NV is mainly involved in managing the product development, bottling, distribution, sales and marketing of the brands and a large group of Dutch genevers and liqueurs. It has Global brands and Regional brands segments. The company derives the majority of its revenues from the Global Brands segment which consist of the Bols Liqueurs range, Italian Liqueurs (Galliano and Vaccari), the white spirits portfolio (Bols Vodka, Bols Genever and Damrak Gin) and Passoa. The Regional Brands segment represent the brands which in general are sold on one continent and predominantly have an off-premise character. Geographically, the group has a business presence in Western Europe, Asia Pacific, North America and others.
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