Dillon & Associates Inc. Has $2.38 Million Position in Celsius Holdings, Inc. (NASDAQ:CELH) from

Dillon & Associates Inc. Invests $2.38 Million in Celsius Holdings, Inc.

Dillon & Associates Inc., an investment management firm, has announced a $2.38 million position in Celsius Holdings< Inc. (CELH), a Nasdaq-listed company. The investment represents 0.84% of Celsius Holdings' outstanding shares.

Dillon & Associates Inc. is a value-oriented investment advisor that manages a concentrated portfolio of undervalued companies with strong growth potential.

Celsius Holdings, Inc. is a leading global producer of fitness drinks and nutritional supplements. The company's products are sold in over 85 countries and are particularly popular among fitness enthusiasts and health-conscious consumers.

In recent years, Celsius Holdings has experienced strong financial performance. The company's revenue has grown by an average of 20% per year over the past five years, and its net income has increased by an average of 30% per year over the same period.

Dillon & Associates Inc. believes that Celsius Holdings is a well-positioned company with a strong growth outlook. The company's products are in high demand in a growing global market, and its financial performance has been impressive. Dillon & Associates Inc. is confident that Celsius Holdings will continue to grow and generate strong returns for its shareholders.

Recent Developments

In March 2023, Celsius Holdings announced a partnership with PepsiCo to distribute its products in the United States.

In May 2023, Celsius Holdings reported strong first-quarter financial results, with revenue increasing by 25% year-over-year.

In June 2023, Celsius Holdings announced that it had acquired a majority stake in a leading European sports nutrition company.

These recent developments highlight Celsius Holdings' continued growth and momentum. The company is expanding its distribution reach, increasing its product portfolio, and entering new markets. Dillon & Associates Inc. believes that these initiatives will drive further growth and profitability for Celsius Holdings in the years to come.

Investment Conclusion

Dillon & Associates Inc. believes that Celsius Holdings is a compelling investment opportunity. The company has a strong track record of growth, a high-quality product portfolio, and a bright future outlook. Dillon & Associates Inc. is confident that Celsius Holdings will continue to generate strong returns for its shareholders.