附件99.1
WestRock Coffee 提供业务公告、2023年全年初步业绩更新和2024年初步展望
宣布扩展其位于阿肯色州康威的新提取和RTD设施的能力
宣布与选定的牛奶生产商在德克萨斯州利特尔菲尔德的新延长保质期和无菌多服务瓶装生产线设施建立合资企业的意向书
宣布发行2029年到期的7200万美元可转换高级无担保票据,以支持Exte和RTD融资能力的扩展
宣布对现有信贷协议进行修订
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美国阿肯色州小石城,2024年2月15日(Global Newswire)--美国西岩咖啡公司(纳斯达克股票代码:WEST)(以下简称“西岩咖啡”或“公司”)今天宣布扩大其位于阿肯色州康威的提取和即饮(RTD)工厂的产能,并与Select Milk Producers(“Select Milk”)签订了一份非约束性的意向书,以建立和运营一家合资企业,以建造和运营延长的保质期以及位于利特尔菲尔德的Select Milk工厂的无菌多服务瓶装设施。德克萨斯州,提供了2023年全年初步业绩的最新情况,并提供了2024年的展望。
WestRock Coffee首席执行官兼联合创始人Scott Ford在评论工厂扩建时表示:“随着位于阿肯色州康威的提取和RTD设施即将完工,我们决定扩大我们的提取和浓缩能力,以便在未来增加生产线时,我们可以在不影响设施现有运营的情况下这样做。此外,我们还通过增加冷链功能扩展了我们的多服务瓶子容量 。总而言之,这些新功能使我们能够更好地满足现有客户对延长保质期(“ESL”)和多功能瓶子的需求,并确保我们未来能够在不中断运营的情况下扩大我们的能力。“
在谈到与Select Milk的合作意向书时,福特先生表示:“我们希望与Select Milk的合资企业能够满足当前和未来客户对基于咖啡的RTD的需求,并集中多种服务形式,包括传统乳制品或植物奶。” 合资企业将在Select Milk打算在德克萨斯州利特尔菲尔德建立的新工厂内建造和运营多服务瓶装生产线。WestRock预计将从其Conway工厂生产并向合资企业提供咖啡提取物和浓缩物,Select Milk预计将从其Littlefield工厂提供牛奶。WestRock和Select Milk预计将于2026年第一季度从这些产品线发货。
为了为康威工厂的扩建和合资企业的成立提供资金,WestRock今天宣布,它已经以非公开发行的方式发行了本金总额为7200万美元的2029年到期的可转换 优先无担保票据(“票据”)。这些票据是本公司的优先无抵押债务, 年利率为5.00%。在某些情况下及在某些期间内,票据可按每股12.84美元的转换价转换为本公司普通股,并可予调整。
本公司还宣布已修订其现有信贷协议,以提高本公司在2026年第一季度之前的总净杠杆率财务契约合规水平,并降低其 最低利息覆盖率合规水平。
富国银行证券担任西岩咖啡的资本市场顾问。Wachtell,Lipton,Rosen&Katz律师事务所曾担任WestRock Coffee的法律顾问。
2023初步结果和会议电话信息
关于今天的公告, 公司提供了2023年全年预期业绩的最新情况。该公司预计其2023年调整后的EBITDA将降至接近之前披露的4500万美元至5000万美元指导范围的低端。上述财务信息为初步的 未经审计的财务信息,可能会因本公司2023财年的财务报表定稿而进行修订。
该公司将于2024年3月12日(星期二)市场收盘后公布2023年全年业绩。在宣布这一消息之后,将于下午4:30举行现场收益电话会议 。艾斯特。要参加现场收益电话会议和问答环节,请在https://register.vevent.com/register/BIa80ab8d7d9824bdcb8f729b24cb36937注册,拨入信息将直接提供给您。现场音频网络直播可在公司投资者关系网站的“活动和演示” 部分收看,网址为:https://investors.westrockcoffee.com.现场活动结束后不久,将提供网络直播的存档重播 。
2024年展望
该公司预计2024财年合并调整后的EBITDA将在6,000万美元至8,000万美元之间。指导范围必须很宽,以考虑到公司在阿肯色州康威的Extra和RTD设施开始运营时可能经历的 结果范围,以及该设施客户的商业化 。本指导是对公司认为截至本新闻稿发布之日可实现的估计, 实际结果可能与本指导不同,差异可能是实质性的。管理层将在收益结果电话会议上提供有关2024年前景的更多细节。
公司无法提供 预测调整后EBITDA与预测GAAP净收入的对账,而无需不合理的努力,因为影响 此类数字的某些项目是不确定的或超出公司的控制范围,无法合理预测。该等项目包括 衍生工具按市价计值调整所产生的非现金收益或亏损以及认股权证负债公允价值变动的影响,其中 。
关于西岩咖啡公司
Westrock Coffee是美国领先的综合 咖啡、茶、香料、萃取物和配料解决方案供应商,为世界各地的零售、餐饮和餐厅、便利店和旅游中心、非商业、CPG和酒店业提供咖啡采购、供应链管理、产品开发、烘焙、包装和分销服务。该公司在10个国家设有办事处,从 35个原产国采购咖啡和茶。欲了解更多信息,请访问www.investors.westrockcoffee.com。
关于精选牛奶生产商
精选牛奶生产商是 全国最大和最先进的乳制品合作社之一。Select Milk拥有超过110家志同道合的家庭奶牛场,在动物福利、环境可持续性、技术和整体商业实践方面赢得了 的创新声誉。Select Milk成立于1994年,销售和加工其西南部和中西部成员奶场的牛奶。该合作社总部位于达拉斯,是八个加工厂的所有者或合资伙伴,生产各种传统和特种乳制品 产品,包括粉料、奶酪、乳清蛋白、奶油,以及新推出的"Majestic"黄油产品线。Select Milk包括多个全资子公司和与其他主要食品和饮料公司的合资企业。
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证券法披露
本新闻稿不构成 出售要约或购买要约的征求,在任何州或司法管辖区,此类要约、征求或出售均为非法。
前瞻性陈述
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, the plans, expectations, goals, projections, and statements about the timing and benefits of the Company's Conway, Arkansas manufacturing facility and distribution center and the Company’s joint venture with Select Milk, the plans, expectations, goals, projections, and intentions of Westrock Coffee, the expected benefits from the note issuance and credit agreement amendment, Westrock’s expectations about its 2023 financial results, 2024 outlook and other statements that are not historical facts. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of the management of Westrock Coffee as of the date hereof and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and should not be relied on by an investor, or others, as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Westrock Coffee. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, risks related to the negative effects of this announcement on the market price of Westrock Coffee’s common stock and/or operating results; changes in domestic and foreign business, market, financial, political, and legal conditions; risks relating to the uncertainty of the projected financial information with respect to Westrock Coffee; risks related to the rollout of Westrock Coffee's business and the timing of expected business milestones; the effects of competition on Westrock Coffee's business; the ability of Westrock Coffee to issue equity or equity-linked securities or obtain debt financing in the future; the risk that Westrock Coffee fails to fully realize the potential benefits of acquisitions or has difficulty successfully integrating acquired companies; the availability of equipment and the timely performance by suppliers involved with the build-out of the Conway, Arkansas manufacturing facility and distribution center and the facility which would house the joint venture assets; the successful negotiation and execution of a definitive joint venture agreement and related documentation between Westrock Coffee and Select Milk and the possibility that the proposed joint venture does not come to fruition within the anticipated timeframe or at all; the loss of significant customers; and those factors discussed in Westrock Coffee’s annual report on Form 10-K, under the heading “Item 1A. Risk Factors”, and other documents Westrock Coffee has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Westrock Coffee does not presently know, or that Westrock Coffee currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, the forward-looking statements reflect Westrock Coffee's expectations, plans, or forecasts of future events and views as of the date of this communication. Westrock Coffee anticipates that subsequent events and developments will cause Westrock Coffee's assessments to change. However, while Westrock Coffee may elect to update these forward-looking statements at some point in the future, Westrock Coffee specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as a representation of Westrock Coffee's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Contacts
媒体:
Westrock Coffee:www.example.com
投资者联系方式:
Westrock Coffee:www.example.com