PRFoods' unaudited preliminary consolidated turnover amounted to EUR 6.78
million euros in June 2019. The turnover decreased by 0.33 million euros i.e.
4.6% compared to June 2018.
The turnover of the Group's pre-merger companies decreased by 0.38 million
euros, therein a 0.31-million-euro campaign shifting to July. The turnover of
the Group's UK companies decreased by 0.16 million euros and of Trio Trading Ab
Oy increased by 0.21 million euros.
The decrease in turnover comes from smoked fish product group and raw fish and
fillets' product group, turnover of which decreased by 0.42 million euros and
0.21 million euros, respectively. The turnover of other fish products increased
by 0.19 million euros and other revenue increased by 0.11 million euros.
The share of raw fish and fillets' product group decreased by 1.0 percentage
points and the share of smoked fish products decreased by 4.1 percentage points
compared to June 2018. The share of other fish products in total turnover
increased by 3.4 percentage points.
+-----------------------------------+-------+--------+-------+--------+
|Turnover by product groups, mln EUR|06 2019|Share, %|06 2018|Share, %|
+-----------------------------------+-------+--------+-------+--------+
|Raw fish and fillets | 2.96| 43.70%| 3.18| 44.70%|
+-----------------------------------+-------+--------+-------+--------+
|Smoked products | 2.78| 41.03%| 3.20| 45.08%|
+-----------------------------------+-------+--------+-------+--------+
|Other fish products | 1.03| 15.26%| 0.84| 11.82%|
+-----------------------------------+-------+--------+-------+--------+
|Other revenue | 0.00| 0.01%| -0.11| -1.61%|
+-----------------------------------+-------+--------+-------+--------+
|Total | 6.78| 100.00%| 7.10| 100.00%|
+-----------------------------------+-------+--------+-------+--------+
Compared to June 2018 the share of retail client group and wholesale decreased
by 2.5 and 2.7 percentage points, respectively, whereas the share of HoReCa
client group increased by 3.5 percentage points.
+------------------------------------+---------+----------+---------+----------+
| Turnover by client groups, mln EUR | 06 2019 | Share, % | 06 2018 | Share, % |
+------------------------------------+---------+----------+---------+----------+
| Retail chains | 2.69 | 39.71% | 3.00 | 42.17% |
+------------------------------------+---------+----------+---------+----------+
| Wholesale | 2.34 | 34.48% | 2.64 | 37.17% |
+------------------------------------+---------+----------+---------+----------+
| HoReCa | 1.64 | 24.19% | 1.47 | 20.73% |
+------------------------------------+---------+----------+---------+----------+
| Other revenue | 0.11 | 1.62% | -0.01 | -0.07% |
+------------------------------------+---------+----------+---------+----------+
| Total | 6.78 | 100.00% | 7.10 | 100.00% |
+------------------------------------+---------+----------+---------+----------+
The three largest markets with an aggregated turnover of 6.32 million euros
accounted for 93.3% of total sales in June 2019.
+--------------------------------+---------+----------+---------+----------+
| Turnover by countries, mln EUR | 06 2019 | Share, % | 06 2018 | Share, % |
+--------------------------------+---------+----------+---------+----------+
| Finland | 5.15 | 76.01% | 5.15 | 72.43% |
+--------------------------------+---------+----------+---------+----------+
| Great Britain | 0.89 | 13.10% | 1.00 | 14.02% |
+--------------------------------+---------+----------+---------+----------+
| Estonia | 0.28 | 4.18% | 0.34 | 4.82% |
+--------------------------------+---------+----------+---------+----------+
| Other countries | 0.46 | 6.72% | 0.62 | 8.73% |
+--------------------------------+---------+----------+---------+----------+
| Total | 6.78 | 100.00% | 7.10 | 100.00% |
+--------------------------------+---------+----------+---------+----------+
France (turnover 2019 June: 0.10 million euros), Belgium (0.10 million euros),
Greece (0.06 million euros) and Sweden (0.05 million euros) were the largest
among other countries.
Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
investor@prfoods.ee
www.prfoods.ee
|