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JDE Peet's N.V. (JDEP.AS)

Amsterdam - Amsterdam Delayed price. Currency in EUR
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32.50-0.21 (-0.64%)
At close: 5:37PM CEST
Full screen
Previous close32.71
Open32.75
BidN/A x N/A
AskN/A x N/A
Day's range32.38 - 32.82
52-week range29.92 - 39.95
Volume141,557
Avg. volume270,550
Market cap16.297B
Beta (5Y monthly)N/A
PE ratio (TTM)40.98
EPS (TTM)0.79
Earnings dateN/A
Forward dividend & yield0.70 (2.14%)
Ex-dividend date12 Jul 2021
1y target estN/A
  • Globe Newswire

    Moody’s assigns investment grade rating to JDE Peet’s

    Baa3 rating reflects company’s resilient operating performance in 2020, progress in reducing financial leverage and simplification of its capital structure Press release Amsterdam, 26 April 2021 JDE Peet’s (EURONEXT: JDEP), the world's largest pure-play coffee and tea group by revenue, today announced that Moody’s Investors Service (Moody’s) has assigned an investment grade rating (Baa3/Stable) to the company. This rating reinforces the commitment the company made at the time of the IPO to further improve its credit profile, underscoring its operating strength, strong financial discipline, and continued progress. In its release, Moody’s noted: “The Baa3 rating reflects its resilient operating performance during 2020, despite its exposure to the away-from-home channel, its progress in reducing financial leverage and the simplification of its capital structure. JDE Peet’s rating is supported by the strong business profile of the group thanks to the combination of JDE’s market two position in the global coffee industry together with Peet’s Coffee’s solid positioning in the US premium coffee retail segment, benefiting from a strong portfolio of brands and good geographic diversification. The rating is also supported by the company’s strong free cash flow generation and good liquidity.” ### Enquiries MediaMichael OrrMedia@JDEPeets.com+31 20 55 81600 Investors & AnalystsRobin JansenIR@JDEPeets.com+31 20 55 81212 About JDE Peet’sJDE Peet’s is the world's largest pure-play coffee and tea company by revenue and served approximately 4,500 cups of coffee or tea every second in 2020. JDE Peet's unleashes the possibilities of coffee and tea in more than 100 developed and emerging markets through a portfolio of over 50 brands that collectively cover the entire category landscape led by household names such as L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2020, JDE Peet’s generated total sales of EUR 6.7 billion and employed a global workforce of more than 19,000 employees. Read more about our journey towards a coffee and tea for every cup at www.JDEPeets.com. Attachment Moody’s assigns investment grade rating to JDE Peet’s

  • Globe Newswire

    JDE Peet’s links new debt facilities to sustainability ambitions

    Company completes EUR 6.5 billion refinancing of its existing indebtedness Press release Amsterdam, 31 March 2021 Key highlights EUR 6.5 billion debt secured at investment grade terms with no financial covenantsRefinancing improves the debt structure and provides financial flexibility and access to the bond market New facilities are linked to JDE Peet’s sustainability ambitions including a new commitment to the Science Based Target Initiative to address Climate Change JDE Peet’s (EURONEXT: JDEP), the world’s largest pure-play coffee and tea group by revenue today announced that it has completed the refinancing of its existing indebtedness. The EUR 6.5 billion new financing comprises two key elements: New, long-term investment grade debt facilities at JDE Peet’s N.V., including a EUR 1 billion term facility and a EUR 1.5 billion revolving credit facility, providing EUR 0.5 billion of additional liquidity. A full or substantial repayment of the indebtedness of Peet’s Coffee and JDE International B.V. respectively. The remaining indebtedness at JDE International B.V. has been amended to investment grade terms and is now unsecured. The new facilities are provided by 25 global financial institutions. The new EUR 2.5 bn investment grade facilities are connected to the company’s sustainability ambitions. JDE Peet’s has agreed with its core banks on a framework that leads the pricing mechanism to incentivise improvement in key sustainability areas affecting the industry and the company’s eco-system: Purchasing certified or verified coffee and responsibly sourced palm oil Supporting smallholder farmers through technical and other assistanceUsing recyclable, compostable and reusable packagingReducing greenhouse gas emissions as part of our new formal commitment to the Science Based Target Initiative “The successful refinancing of our debt and the revised capital structure is an important step in the journey of JDE Peet’s since our IPO last year. With these new facilities, we improve our debt structure, lower our cost of debt and further enhance our liquidity. I am also excited that we are embedding our sustainability goals into the capital structure of the company”, said Scott Gray, CFO of JDE Peet’s. “Linking the new facilities to our sustainability ambitions marks an important milestone in our sustainability journey and demonstrates our long-term commitment to addressing the most important environmental and social issues affecting the coffee industry and our eco-system. I am pleased as well by the endorsement from our core banking group of our sustainability strategy and our strong business profile”. ### Enquiries MediaMichael OrrMedia@JDEPeets.com+31 20 55 81600 Investors & AnalystsRobin JansenIR@JDEPeets.com+31 20 55 81212 About JDE Peet’sJDE Peet’s is the world's largest pure-play coffee and tea company by revenue and served approximately 4,500 cups of coffee or tea every second in 2020. JDE Peet's unleashes the possibilities of coffee and tea in more than 100 developed and emerging markets through a portfolio of over 50 brands that collectively cover the entire category landscape led by household names such as L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2020, JDE Peet’s generated total sales of EUR 6.7 billion and employed a global workforce of more than 19,000 employees. Read more about our journey towards a coffee and tea for every cup at www.JDEPeets.com. Attachment JDE Peet’s links new debt facilities to sustainability ambitions

  • Globe Newswire

    The J.M. Smucker Co. and JDE Peet’s Announce Strategic Liquid Coffee Partnership

    Press Release 24 March 2021 The J.M. Smucker Co. and JDE Peet’s Announce Strategic Liquid Coffee Partnership Orrville, Ohio / Amsterdam, The Netherlands | J.M. Smucker Co. and JDE Peet’s announced a strategic partnership today which will allow JDE Peet’s to support the Smucker Away From Home liquid coffee business with product development, production and foodservice equipment innovation. “We are excited by the promise this partnership holds for our Away From Home liquid coffee business,” said John Brase, Chief Operating Officer, The J.M. Smucker Co. “The agreement will allow us to more aggressively pursue liquid coffee innovation opportunities that will enhance current customer solutions and drive category growth.” “We are excited to partner with The J.M. Smucker Co. to offer liquid coffee products to their North American customers. Our proprietary liquid coffee system efficiently delivers large quantities of premium coffee in a hygienic manner, making it the perfect solution for hospitals, universities, hotels, conference centres and many other out-of-home customers.” Satya Menard, Global President, Out-of-home, JDE Peet’s. In a related decision, The J.M. Smucker Co. plans to close and pursue a sale of its Suffolk, Virginia, production facility in the spring of calendar year 2022. Additional terms of the partnership will not be disclosed. This partnership does not impact The J.M. Smucker Co.’s retail coffee business. ### Media Enquiries Michael Orr (EN)/ Kim Vogten (NL)JDE Peet’s Media@JDEPeets.com Ray Hancart J.M. Smucker Company Ray.Hancart@jmsmuckers.com About The J.M. Smucker Co. Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portfolio that appeals to each generation of people and pets and is found in nearly 90 percent of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers®, Jif® and Milk-Bone® and new favorites like Café Bustelo®, Smucker's® Uncrustables® and Rachael Ray® Nutrish®. By continuing to immerse ourselves in consumer preferences and acting responsibly, we will continue growing our business and the positive impact we have on society. For more information, please visit www.jmsmuckers.com. The J.M. Smucker Co. is the owner of all trademarks referenced herein except for Rachael Ray®, a registered trademark of Ray Marks II LLC, which is used under license. About JDE Peet’s JDE Peet’s is the world's largest pure-play coffee and tea company by revenue and served approximately 4,500 cups of coffee or tea every second in 2020. JDE Peet's unleashes the possibilities of coffee and tea in more than 100 developed and emerging markets through a portfolio of over 50 brands that collectively cover the entire category landscape led by household names such as L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2020, JDE Peet’s generated total sales of EUR 6.7 billion and employed a global workforce of more than 19,000 employees. Read more about our journey towards a coffee and tea for every cup at www.JDEPeets.com. Attachment JDEP-JMS-liquid-partnership