Market announcement
AS PRFoods
LEI code
529900PFXFO2ZDCRNK93
Size of the entity
Medium group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
6186
Submission date and time
14.07.2017 08:00:00
Content of announcement in Estonian
Title
PRF: AS-i PRFoods auditeerimata konsolideeritud müügikäive 2. kvartal ja 6 kuud 2017
Message
Tallinn, Eesti, 2017-07-14 07:00 CEST (GLOBE NEWSWIRE) -- PRFoods 2017. aasta 2. kvartali auditeerimata konsolideeritud käive kasvas võrrelduna 2016. aasta 2. kvartaliga +33,9% ehk +3,3 miljoni euro võrra, kasvades 13,1 miljoni euroni. PRFoods on väga rahul teise kvartali käibekasvuga. Enamus käibekasvust on tulnud läbi toodete lõpphinna kallinemise. Kuna tooraine hinnad on kallinenud viimase 9 kuu jooksul, oli kasumlikkuse säilitamiseks vajalik tõsta lõpptoodete hindasid ning see protsess on täideviidud. Lõhe hind on hakanud langema, mis loodetavasti tõstab meie kasumlikkust 3. ja 4. kvartalis. Vikerforelli hind on stabiilne, mis võib mõjutada positiivselt meie kalakasvatuse tulemusi. Samas peab säilitama ettevaatlikkuse, sest volatiilsus toorainehindades jätkub nagu ka globaalne nõudlus kalatoodete järele, seega on jätkusuutlik juurdepääs toorainele väga oluline. Planeeritud John Ross Jr. ja Coln Valley omandamine peaks toetama edaspidiselt meie strateegiat rahvusvaheliselt kasvada kui ka kasumlikust suurendada. Käive tootegruppide lõikes Käive 1kv 1kv 2kv Q2 6k 6k Muutus Muutus Osakaa milj 2017 2016 2017 2016 2017 2016 % l EUR -------------------------------------------------------------------------------- Kuum- ja 4,0 3,6 5,9 3,9 9,9 7,5 +2,4 +32,8% 42,0% külmsui tsutatud tooted -------------------------------------------------------------------------------- Muud 1,7 1,5 2,3 1,8 3,9 3,3 +0,6 +18,2% 16,7% kalatoo ted -------------------------------------------------------------------------------- Kala ja 4,9 5,1 4,9 4,1 9,7 9,2 +0,6 +6,2% 41,2% kalafil ee -------------------------------------------------------------------------------- Muu 0,0 0,0 0,0 0,0 0,0 0,0 +0,0 +16,0% 0,1% -------------------------------------------------------------------------------- Kokku 10,6 10,2 13,1 9,8 23,6 20,0 +3,6 +18,2% 100,0% -------------------------------------------------------------------------------- Suurim käibe kasv +2,4 miljonit eurot ehk +32,8% tuli võrdluses eelmise aastaga kuum- ja külmsuitsutatud toodete grupist. Käive kasvas ka muude kalatoodete grupis 0,6 miljonit eurot ehk +18,2% ning kala ja kalafilee tootegrupis 0,6 miljonit eurot ehk +6,2%. Käive kliendi segmentide lõikes Käive 1kv 1kv 2kv Q2 6k 6k Muutus Muutus Osakaa milj 2017 2016 2017 2016 2017 2016 % l EUR -------------------------------------------------------------------------------- HoReCa 3,7 2,9 4,7 3,4 8,4 6,4 +2,0 +31,9% 35,6% -------------------------------------------------------------------------------- Jaeketid 4,4 5,3 6,5 4,9 10,9 10,2 +0,7 +6,7% 46,2% -------------------------------------------------------------------------------- Hulgimüü 2,4 2,0 1,8 1,3 4,2 3,3 +0,9 +27,0% 17,7% k -------------------------------------------------------------------------------- Muud 0,1 0,0 0,1 0,1 0,1 0,1 +0,0 +20,7% 0,5% -------------------------------------------------------------------------------- Kokku 10,6 10,2 13,1 9,8 23,6 20,0 +3,6 +18,2% 100,0% -------------------------------------------------------------------------------- Kliendi segmentidest lähtuvalt kasvas 2017. aasta esimese 6 kuu müügikäive enim HoReCa sektoris +2,0 miljoni euro ehk +31,9% võrra. Jaeturu sektoris kasvas käive +0,7 miljonit eurot ehk +6,7% ning hulgimüügi sektoris +0,9 miljonit eurot ehk 27,0%. Käive sihtturgude lõikes Käive 1kv 1kv 2kv Q2 6k 6k Muutus Muutus Osakaa milj 2017 2016 2017 2016 2017 2016 % l EUR -------------------------------------------------------------------------------- Soome 9,0 8,3 10,5 8,0 19,5 16,2 +3,3 +20,2% 82,6% -------------------------------------------------------------------------------- Eesti 1,0 1,4 1,6 1,3 2,6 2,7 -0,1 -3,8% 10,9% -------------------------------------------------------------------------------- Muud 0,6 0,6 0,9 0,5 1,5 1,1 +0,5 +41,4% 6,5% riigid -------------------------------------------------------------------------------- Kokku 10,6 10,2 13,1 9,8 23,6 20,0 +3,6 +18,2% 100,0% -------------------------------------------------------------------------------- Soome käive kasvas 2017. aasta esimesel 6 kuul +3,3 miljonit eurot, ehk +20,2%. Soome käibe osakaal moodustas kogukäibest 82,6%, kasvades võrrelduna eelmise aasta sama perioodiga kokku 1,4 protsendipunkti. 2017. aasta esimese 6 kuu käive kahanes võrrelduna möödunud aasta sama perioodiga Eestis -0,1 miljonit eurot ehk -3,8%. Eesti sihtturu käibe osakaal kahanes aastataguse perioodiga võrrelduna -2,5 protsendipunkti. Muude riikide 6 kuu käive on +0,5 miljoni euro võrra ning käibe osakaal kasvas +1,1 protsendipunkti võrra. Indrek Kasela AS PRFoods Juhatuse liige T: +372 452 1470 [email protected] www.prfoods.ee
Content of announcement in English
Title
PRF: Unaudited consolidated turnover of AS PRFoods for 2nd quarter and 6 months of 2017
Message
Tallinn, Estonia, 2017-07-14 07:00 CEST (GLOBE NEWSWIRE) -- In the Q2 2017 the unaudited consolidated sales revenue of PRFoods increased by +33.9% y-o-y, i.e. by +3.3 million euros, reaching the level of 13.1 million euros. PRFoods is very pleased with increase of Q2 sales. Majority of growth in sales is contributed to increasing prices for our products. As raw material prices increased for last 9 months, in order to maintain our margins, it was necessary to increase also our sales prices and this process is being executed. Salmon prices have started to decrease, which hopefully will help to boost our margins in Q3 and Q4. Rainbow trout prices have remained stable, which could positively affect our own fish farming business. One must remain cautious as volatility in raw material prices continues as does global demand for fish, hence access to sustainable and price competitive raw material is very important. The planned acquisition of John Ross Jr. and Coln Valley should further support of strategy of international growth and profitability. Revenue by product groups Revenues Q1 Q1 Q2 Q2 6m 6m Change Change Propor mln EUR 2017 2016 2017 2016 2017 2016 % tion -------------------------------------------------------------------------------- Smoked 4.0 3.6 5.9 3.9 9.9 7.5 +2.4 +32.8% 42.0% product s -------------------------------------------------------------------------------- Other 1.7 1.5 2.3 1.8 3.9 3.3 +0.6 +18.2% 16.7% fish product s -------------------------------------------------------------------------------- Raw fish 4.9 5.1 4.9 4.1 9.7 9.2 +0.6 +6.2% 41.2% and fillets -------------------------------------------------------------------------------- Other 0.0 0.0 0.0 0.0 0.0 0.0 +0.0 +16.0% 0.1% -------------------------------------------------------------------------------- Total 10.6 10.2 13.1 9.8 23.6 20.0 +3.6 +18.2% 100.0% -------------------------------------------------------------------------------- The largest increase compared to previous year in revenue came from the smoked products group, which increased by 2.4 million euros, i.e. +32.8%. The revenue from from the other fish products group increased by +0.6 million euros, i.e. +18.2% and the revenue from the raw fish and fillets product group increased by +0.6 million euros, i.e. +6.2%. Revenue by client segments Revenues Q1 Q1 Q2 Q2 6m 6m Change Change Propor mln EUR 2017 2016 2017 2016 2017 2016 % tion -------------------------------------------------------------------------------- HoReCa 3.7 2.9 4.7 3.4 8.4 6.4 +2.0 +31.9% 35.6% -------------------------------------------------------------------------------- Retail 4.4 5.3 6.5 4.9 10.9 10.2 +0.7 +6.7% 46.2% chains -------------------------------------------------------------------------------- Wholesal 2.4 2.0 1.8 1.3 4.2 3.3 +0.9 +27.0% 17.7% e -------------------------------------------------------------------------------- Other 0.1 0.0 0.1 0.1 0.1 0.1 +0.0 +20.7% 0.5% -------------------------------------------------------------------------------- Total 10.6 10.2 13.1 9.8 23.6 20.0 +3.6 +18.2% 100.0% -------------------------------------------------------------------------------- Based on client segments, the first 6 months’ revenue of 2017 increased the most in HoReCa sector, by +2.0 million euros, i.e. +31.9%. Revenue increased in retail chains sector by +0.7 million euros, i.e. +6.7% and in wholesale sector by +0.9 million euros, i.e. 27.0%. Revenue by target markets Revenues Q1 Q1 Q2 Q2 6m 6m Change Change Propor mln EUR 2017 2016 2017 2016 2017 2016 % tion -------------------------------------------------------------------------------- Finland 9.0 8.3 10.5 8.0 19.5 16.2 +3.3 +20.2% 82.6% -------------------------------------------------------------------------------- Estonia 1.0 1.4 1.6 1.3 2.6 2.7 -0.1 -3.8% 10.9% -------------------------------------------------------------------------------- Other 0.6 0.6 0.9 0.5 1.5 1.1 +0.5 +41.4% 6.5% -------------------------------------------------------------------------------- Total 10.6 10.2 13.1 9.8 23.6 20.0 +3.6 +18.2% 100.0% -------------------------------------------------------------------------------- Finnish revenue in first 6 months of 2017 increased by +3.3 million euros, i.e. 20.2%. The share of Finnish market formed 82.6% of the total revenue, having increased by 1.4 percentage points compared to the same period last year. First 6 months’ revenue of 2017 increased in Estonia by -0.1 million euros, i.e. -3.8%. The proportion of the revenue from the Estonian market decreased by -2.5% percentage points in comparison with the same period last year. Revenue in other countries increased by +0.5 million euros in Q2 2017 and the proportion of revenue from these markets grew by +1.1 percentage points. Indrek Kasela AS PRFoods Member of the Management Board Phone: +372 452 1470 [email protected] www.prfoods.ee