In this video, Fool analyst Blake Bos shares what he learned from SodaStream's (NASDAQ:SODA) recent investor conference. First, the company plans to grow through innovation. Specifically, it will roll out both a lower-priced device to enlarge market appeal and new single-serving flavor packets. Second, the company is building a manufacturing plant in Israel, due to come online within two years. This will reduce dependency on subcontractors and improve margins. Lastly, SodaStream has a goal of 10% market penetration, up from its current 1%. Also, the company is looking to increase sales of consumables such as CO2 cartridges and flavor packets.
Blake Bos owns shares of SodaStream. The Motley Fool recommends SodaStream. The Motley Fool owns shares of SodaStream. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
