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 corporate action

Unique data record identifier

6545

Submission date and time

16.03.2018 08:00:00

Content of announcement in Estonian

Title

PRF: AS-i PRFoods auditeerimata konsolideeritud müügikäive veebruar 2018

Message

PRFoods  2018. aasta veebruari  auditeerimata konsolideeritud  käive kasvas tänu
uute  ettevõtete  lisandumisele  võrrelduna  2017. aasta veebruariga +117,5% ehk
+4,1 miljoni  euro  võrra,  kasvades  7,6 miljoni euroni. Võrreldav käive kasvas
veebruaris +17,5% ehk +0,5 miljoni euro võrra.

Enamus  võrreldava käibe kasvust  on tulnud läbi  toodete lõpphinna kallinemise.
John Ross Jr., Coln Valley ja Trio Trading omandamine on kasvatanud grupi käivet
veebruaris  3,3 miljoni  euro  võrra  ning  toetab edaspidiselt meie strateegiat
rahvusvaheliselt kasvada kui ka kasumlikust suurendada.

Võrreldes  2017. aasta veebruari  pro forma  käibega, kasvas  käive +0,3 miljoni
euro võrra ehk +3,7% võrra. 2017. aasta pro forma käibes on arvesse võetud kõigi
grupi ettevõtete käive 2017. aasta veebruaris.

Veebruari  käive  jaguneb  suuremate  sihtturgude  lõikes järgnevalt: Soome 5,3
miljonit  eurot,  UK  0,9 miljonit  eurot,  Läti  0,6 miljonit eurot, Eesti 0,4
miljonit  eurot ja Prantsusmaa 0,2 miljonit  eurot. Ülejäänud käive 0,2 miljonit
eurot moodustub ekspordist erinevatesse riikidesse.

Alates   2018. aastast  avaldab  ettevõtte  igakuiselt  müügikäibe  tooterühmade
lõikes.  Detailsem ülevaade käibest klientide ning riikide võrdluses avaldatakse
kvartaalselt.

                          Konsolideeritud                   Pro Forma
+----------------+-------+-------+------+--------+-------+-------+------+------+
|                |       |       |      |        |       |       |      |muutus|
|Käive milj EUR  |02.2018|02.2017|muutus|muutus %|02.2018|02.2017|muutus|     %|
+----------------+-------+-------+------+--------+-------+-------+------+------+
|Kuum- ja        |       |       |      |        |       |       |      |      |
|külmsuitsutatud |       |       |      |        |       |       |      |      |
|tooted          |    2,6|    1,3|   1,3|  +97,3%|    2,6|    2,7|  -0,1| -3,5%|
+----------------+-------+-------+------+--------+-------+-------+------+------+
|Muud kalatooted |    0,6|    0,5|   0,1|  +23,6%|    0,6|    0,7|  -0,1|-17,5%|
+----------------+-------+-------+------+--------+-------+-------+------+------+
|Kala ja         |       |       |      |        |       |       |      |      |
|kalafilee       |    4,4|    1,7|   2,7| +155,1%|    4,4|    3,9|   0,5|+12,9%|
+----------------+-------+-------+------+--------+-------+-------+------+------+
|Muu             |    0,1|    0,0|   0,1|+2410,7%|    0,1|    0,1|   0,0| +0,4%|
+----------------+-------+-------+------+--------+-------+-------+------+------+
|Kokku           |    7,6|    3,5|   4,1| +117,5%|    7,6|    7,4|   0,3| +3,7%|
+----------------+-------+-------+------+--------+-------+-------+------+------+

Suurim käibe kasv +2,7 miljonit eurot ehk +155,1% tuli võrdluses eelmise aastaga
kala  ja kalafilee  tootegrupis. Käive  kasvas kuum-  ja külmsuitsutatud toodete
grupis  +1,3 miljonit  eurot  ehk  +97,3% ning  muude  kalatoodete  grupis +0,1
miljonit eurot ehk +23,6%.

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 in February 2018

Message

In  February 2018 the unaudited consolidated  sales revenue of PRFoods increased
by  +117.5% y-o-y,  i.e.  by  +4.1 million  euros  due  to  acquisition  of  new
companies,  reaching the  level of  7.6 million euros.  Comparable sales revenue
increased by +17.5%, i.e. +0.5 million euros.

Majority  of growth in comparable sales  is contributed to increasing prices for
our products. The acquisition of John Ross Jr., Coln Valley and Trio Trading has
increased  Group’s  sales  by  3.3 million  euros  and  will  further support of
strategy of international growth and profitability.

Sales  revenue increased  in by  +0.3 million euros,  i.e. 3.7% compared  to pro
forma  sales revenue in February 2017. Pro forma sales revenue in February 2017
includes all group companies.

Pro  forma revenue  is divided  by largest  target markets as following: Finland
5.3 million  euros, UK 0.9 million euros, Latvia 0.6 million euros, Estonia 0.4
million  euros and France 0.2 million euros. Remaining revenue 0.2 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 quarterly.

                         Consolidated                      Pro Forma
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Revenues  mln|       |       |      |         |       |       |      |        |
|EUR          |02’2018|02’2017|change| change %|02’2018|02’2017|change|change %|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Smoked       |       |       |      |         |       |       |      |        |
|products     |    2.6|    1.3|   1.3|   +97.3%|    2.6|    2.7|  -0.1|   -3.5%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Other fish   |       |       |      |         |       |       |      |        |
|products     |    0.6|    0.5|   0.1|   +23.6%|    0.6|    0.7|  -0.1|  -17.5%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Raw fish and |       |       |      |         |       |       |      |        |
|fillets      |    4.4|    1.7|   2.7|  +155.1%|    4.4|    3.9|   0.5|  +12.9%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Other        |    0.1|    0.0|   0.1|+2,410.7%|    0.1|    0.1|   0.0|   +0.4%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+
|Total        |    7.6|    3.5|   4.1|  +117.5%|    7.6|    7.4|   0.3|   +3.7%|
+-------------+-------+-------+------+---------+-------+-------+------+--------+

The largest increase compared to previous year in revenue came from the raw fish
and  fillets  products  group,  which  increased  by  +2.7 million  euros,  i.e.
+155.1%. The  revenue from the  smoked products group  increased by +1.3 million
euros,  i.e. +97.3% and the revenue from  the other fish product group increased
by +0.1 million euros, i.e. +23.6%.

Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
[email protected]
www.prfoods.ee