This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

SodaStream International's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: SODA

And now it is my pleasure to the turn the call over to the Chief Executive Officer of SodaStream, Daniel Birnbaum.

Daniel Birnbaum

Thank you for joining us today. We are very pleased to share with you our second quarter results. During this quarter we saw strong top line growth from both soda makers and consumables reinforcing the validity of our business model and our potential to achieve mass market appeal.

To start, sales increased 49% to $103 million representing the highest quarterly revenue in company history, marking the first time we crossed the $100 million. The revenue increase was driven by growth across all regions, highlighted by triple digit growth in both the Americas and Asia-Pacific and double-digits growth in Western Europe.

In terms of product segments, both soda maker and consumable revenues increased 49% with soda maker unit sales of 764,000 and all time record highs for gas refills and favors of 4.2 million and 7.2 million units, respectively.

Within the Americas, the U.S. had a fantastic quarter. Sell-in and sell-through of soda makers and consumables were strong fueled by both new and existing distribution channels and increase marketing investment.

Soda maker unit sales in the U.S. were up 63% from a year ago, which is acceleration from recent quarters aided by the pipeline filled to Wal-Mart in May. More importantly this sell-in was followed by strong sell-through in Wal-Mart. We win this similar sell-through results of soda makers with other key retailers, driven in part by a heavier A&P spend than included a run of TV and radio leading into Fathers Day.

The consumables side of our business experienced strong growth in the U.S. with unit sales of CO2 refills and flavors up 93% and 148%, respectively. Demand for our flavors including core flavors such as diet cola and energy continues to grow along with our user base. At the same time the launch of our Country Time and Crystal Light cobranded flavors has exceed expectations, which along with the recent expansion of our partnership with Kraft to include Kool-Aid gives us added confidence in the incremental revenue potential of co-branding relationships.

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs