Aurora Cannabis Locks in Major Growth in Europe in 4Q -- Market Talk

Dow Jones
2025/06/18
 

9:29 ET -- Aurora Cannabis' European market has been a cash cow, supporting a strong 4Q beat. TD Cowen analyst Derek Lessard notes that European cannabis sales were up 150% year-over-year thanks to strong sales across Germany, Poland and the U.K., "which we would attribute to de-scheduling progress in Germany, and ACB's strong ability to supply quality products at scale." In all, 4Q net revenue rose 34%, which Lessard notes was 3% above consensus expectations of C$88.8 million, and adjusted Ebitda of C$16.7 million, topping Wall Street views by 11%. The analyst says these results show Aurora "has turned over a proverbial new leaf following the reset in the cannabis industry, now with a focus on responsible growth." (adriano.marchese@wsj.com)

 

(END) Dow Jones Newswires

June 18, 2025 09:29 ET (13:29 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10