In August 2018 the unaudited consolidated sales revenue of PRFoods increased by
+34.2% y-o-y, i.e. by +1.8 million euros due to acquisition of new companies,
reaching the level of 7.0 million euros. Comparable sales revenue decreased by
-1.5%, i.e. -0.1 million euros. Starting from July 2018 the comparable revenues
include John Ross Jr and Coln Valley revenues.
Compared to pro forma sales revenue in August 2017 the sales revenue decreased
in by -1.3 million euros, i.e. -15.9%. Pro forma sales revenue in August 2017
includes all group companies.
Revenue is divided by largest target markets in August as following: Finland
5.2 million euros, UK 1.0 million euros, Estonia 0.3 million euros, France 0.2
million euros, Latvia 0.1 million euros and Greece 0.1 million euros. Remaining
revenue 0.1 million euros consists of export to various countries.
Starting from 2018, the Group is publishing sales revenue monthly by product
groups. Detailed overview of sales revenue by customer groups and countries will
be published in quarterly report.
Consolidated Pro Forma
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Revenues mln| | | | | | | | |
|EUR |08'2018|08'2017|change| change %|08'2018|08'2017|change|change %|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Smoked | | | | | | | | |
|products | 3.0| 3.0| 0.03| +1.0%| 3.0| 3.0| 0.0| +0.2%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Other fish | | | | | | | | |
|products | 0.8| 0.6| 0.1| +19.6%| 0.8| 0.8| 0.0| -0.3%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Raw fish and | | | | | | | | |
|fillets | 3.2| 1.6| 1.6| +100.2%| 3.2| 4.5| -1.2| -27.8%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Other | 0.0| 0.0| 0.0|+1,149.9%| 0.0| 0.1| -0.1| -83.3%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Total | 7.0| 5.2| 1.8| +34.2%| 7.0| 8.3| -1.3| -15.9%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
The largest increase in August compared to previous year in revenue came from
the raw fish and fillets products group, which increased by +1.6 million euros,
i.e. +100.2%. The revenue from the smoked products group increased by +0.03
million euros, i.e. +1.0% and the revenue from the other fish product group
increased by +0.1 million euros, i.e. +19.6%.
Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
investor@prfoods.ee
www.prfoods.ee
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