Revenue was higher in the Western Europe, The Americas and Asia-Pacific sales regions.
Gross margin rose 140 bps to 53.8% of sales as fixed costs were levered down and higher margin sparkling water makers contributed. Sales and marketing expenses fell as a percentage of sales.
"Throughout 2017 we successfully executed our growth plan aimed at expanding household penetration and increasing usage of our home carbonation system which translated into mid-teens revenue growth, record net income, and strong cash generation," says CEO Daniel Birnbaum.
SodaStream expects full year revenue of $609M vs. $593M consensus.
Previously: SodaStream beats by $0.33, beats on revenue (Feb. 14)
SODA +4.95% premarket to $82.50.
Now read: UFP Technologies - Investment Analysis »
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