PRFoods' unaudited consolidated turnover amounted to EUR 7.74 million euros in
April 2019. The turnover increased by 0.61 million euros i.e. 8.5% compared to
April 2018.
The turnover of the Group's pre-merger companies increased by 0.78 million
euros, of the Group's UK companies by 0.12 million euros whereas Trio Trading AB
turnover decreased by 0.30 million euros.
The increase in turnover stems from two product groups: smoked fish products and
other fish products, turnover of which increased by 0.46 million euros and by
0.31 million euros, respectively. The sales of raw fish and fillets' product
group declined by 0.11 million euros.
The share of smoked fish products increased by 2.9 percentage points and the
share of other fish products by 3.2 percentage points compared to April 2018.
The share of raw fish and fillets' product group decreased by 5.2 percentage
points over the year.
+-----------------------------------+-------+--------+-------+--------+
|Turnover by product groups, mln EUR|04 2019|Share, %|04 2018|Share, %|
+-----------------------------------+-------+--------+-------+--------+
|Raw fish and fillets | 3.34| 43.22%| 3.45| 48.42%|
+-----------------------------------+-------+--------+-------+--------+
|Smoked products | 3.30| 42.60%| 2.83| 39.74%|
+-----------------------------------+-------+--------+-------+--------+
|Other fish products | 1.09| 14.08%| 0.78| 10.87%|
+-----------------------------------+-------+--------+-------+--------+
|Other revenue | 0.01| 0.10%| 0.07| 0.97%|
+-----------------------------------+-------+--------+-------+--------+
|Total | 7.74| 100.00%| 7.13| 100.00%|
+-----------------------------------+-------+--------+-------+--------+
Compared to April 2018 the shares of the client groups remained practically
unchanged with any single change in the share being less than half of a
percentage point.
+------------------------------------+---------+----------+---------+----------+
| Turnover by client groups, mln EUR | 04 2019 | Share, % | 04 2018 | Share, % |
+------------------------------------+---------+----------+---------+----------+
| Retail chains | 3.18 | 41.04% | 2.92 | 40.96% |
+------------------------------------+---------+----------+---------+----------+
| Wholesale | 2.77 | 35.75% | 2.53 | 35.49% |
+------------------------------------+---------+----------+---------+----------+
| HoReCa | 1.69 | 21.88% | 1.58 | 22.20% |
+------------------------------------+---------+----------+---------+----------+
| Other revenue | 0.10 | 1.33% | 0.10 | 1.36% |
+------------------------------------+---------+----------+---------+----------+
| Total | 7.74 | 100.00% | 7.13 | 100.00% |
+------------------------------------+---------+----------+---------+----------+
The three largest markets with an aggregated turnover of 6.59 million euros
accounted for 85.1% of total sales in April 2019.
+--------------------------------+---------+----------+---------+----------+
| Turnover by countries. mln EUR | 04 2019 | Share. % | 04 2018 | Share. % |
+--------------------------------+---------+----------+---------+----------+
| Finland | 4.94 | 63.83% | 4.81 | 67.42% |
+--------------------------------+---------+----------+---------+----------+
| Great Britain | 0.96 | 12.36% | 1.05 | 14.71% |
+--------------------------------+---------+----------+---------+----------+
| Estonia | 0.69 | 8.96% | 0.48 | 6.73% |
+--------------------------------+---------+----------+---------+----------+
| Other countries | 1.15 | 14.85% | 0.79 | 11.13% |
+--------------------------------+---------+----------+---------+----------+
| Total | 7.74 | 100.00% | 7.13 | 100.00% |
+--------------------------------+---------+----------+---------+----------+
Latvia (0.33 million euros), France (0.15 million euros), Belgium (0.13 million
euros), Canada (0.12 million euros) and Greece (0.07 million euros) had the
largest turnovers among other countries.
Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
investor@prfoods.ee
www.prfoods.ee
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