Compagnia dei Caraibi (TIME) H2 2024 earnings summary

Executive summary

• Consolidated revenues for 2024 estimated between €56.1 million and €57.1 million, reflecting a year-over-year growth of 6.2% to 8.1% compared to €52.8 million in 2023.

• Revenue growth achieved despite a general contraction in market consumption, highlighting the company's dynamic business model.

• Strategic focus for 2025 includes refocusing on core B2B and B2C distribution and accelerating growth of owned brands.

Financial highlights

• Revenue for 2024 increased by €3.3 million to €4.3 million compared to the previous year.

• Growth achieved in all four quarters of 2024 compared to the same periods in 2023.

Outlook and guidance

• Continued emphasis on core business areas and brand building expected in 2025.

• Plans to attract new exclusive distribution brands and accelerate owned brand growth.