Fri 05/26/2023 13:08 PM
Biscuit International’s term loan jumped more than 10 points after the France-based private label confectionery maker managed to more than double first-quarter EBITDA to €21.3 million year over year and revised its full-year EBITDA guidance to €141 million on the back of implementing steep price increases, sources told Reorg.
Revenues jumped 29% to €290.1 million, driven entirely by price increases as volumes had slipped 6.9% to 72.9 kilo tonnes during the quarter, but that was largely down...
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