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
7702
Submission date and time
10.01.2020 18:48:46
Content of announcement in Estonian
Title
PRF: AS’i PRFoods auditeerimata esialgne konsolideeritud müügikäive 4. kvartalis ja 2. poolaastas 2019.
Message
PRFoodsi 2019. aasta neljanda kvartali (s.o 2019/2020. majandusaasta 2. kvartali) auditeerimata esialgne konsolideeritud käive oli 25,43 miljonit eurot (26,71 miljonit eurot 4. kvartal 2018). 2019. aasta teise poolaasta auditeerimata esialgne (s.o 2019/2020. majandusaasta 1. poolaasta) käive oli 44,75 miljonit eurot (46,11 miljonit eurot 2. poolaasta 2018). 2019. aasta teist poolaastat iseloomustas lõhe- ja forelli turuhindade enam kui 8%-line langus, millest tulenevalt tekkis Soome jaekettidel ootus private label´i segmendis suitsutatud toodete hindade langetamiseks. Kasumlikkuse säilitamise eesmärgil otsustasime selleks perioodiks pakkumist kuum- ja külmsuitsutatud toodete osas Soome turul vähendada. Suitsutatud toodete käibe vähenemise suutsime osaliselt asendada kala ja kalafilee ning muude kalatoodete müügi 7%-lise kasvuga. 2020. aasta esimesel poolaastal on suitsutatud toodete private label´i segmendi hinnatase taastunud ning jätkame tarnetega endisel tasemel. Kala ja kalafilee tooterühma osakaal kogukäibest suurenes 4,56 protsendipunkti ja muude kalatoodete osakaal suurenes 2,49 protsendipunkti. Kuum- ja külmsuitsutatud toodete osakaal vähenes 6,93 protsendipunkti. +-------------------------------+----------+----------+----------+----------+ |Käive toodete lõikes, mln EUR |4. kv 2019|Osakaal, %|4. kv 2018|Osakaal, %| +-------------------------------+----------+----------+----------+----------+ |Kala ja kalafilee | 11,35| 44,64%| 10,70| 40,07%| +-------------------------------+----------+----------+----------+----------+ |Kuum- ja külmsuitsutatud tooted| 9,20| 36,17%| 11,51| 43,09%| +-------------------------------+----------+----------+----------+----------+ |Muud kalatooted | 4,88| 19,17%| 4,46| 16,68%| +-------------------------------+----------+----------+----------+----------+ |Muu käive | 0,01| 0,03%| 0,04| 0,15%| +-------------------------------+----------+----------+----------+----------+ |Kokku | 25,43| 100,00%| 26,71| 100,00%| +-------------------------------+----------+----------+----------+----------+ HoReCa ja hulgimüügi käibe osakaalud suurenesid vastavalt 1,76 protsendipunkti ja 1,66 protsendipunkti ning jaekettide käibe osakaal kogukäibest vähenes 6,73 protsendipunkti. +-----------------------------+----------+----------+----------+----------+ |Käive kliendigrupiti, mln EUR|4. kv 2019|Osakaal, %|4. kv 2018|Osakaal, %| +-----------------------------+----------+----------+----------+----------+ |Jaeketid | 9,40| 36,98%| 11,67| 43,71%| +-----------------------------+----------+----------+----------+----------+ |Hulgimüük | 8,83| 34,74%| 8,83| 33,07%| +-----------------------------+----------+----------+----------+----------+ |HoReCa | 6,01| 23,62%| 5,84| 21,86%| +-----------------------------+----------+----------+----------+----------+ |Muu käive | 1,19| 4,66%| 0,36| 1,36%| +-----------------------------+----------+----------+----------+----------+ |Kokku | 25,43| 100,00%| 26,71| 100,00%| +-----------------------------+----------+----------+----------+----------+ Kolme suurema sihtturu käive 2019. aasta neljandas kvartalis kokku oli 21,80 miljonit eurot ja see moodustas 85,73% (90,60% 4.kvartal 2018). +------------------------+------------+------------+------------+------------+ | Käive riigiti, mln EUR | 4. kv 2019 | Osakaal, % | 4. kv 2018 | Osakaal, % | +------------------------+------------+------------+------------+------------+ | Soome | 15,84 | 62,29% | 18,29 | 68,46% | +------------------------+------------+------------+------------+------------+ | Suurbritannia | 3,46 | 13,61% | 3,77 | 14,11% | +------------------------+------------+------------+------------+------------+ | Eesti | 2,50 | 9,83% | 2,14 | 8,03% | +------------------------+------------+------------+------------+------------+ | Läti | 1,72 | 6,75% | 0,67 | 2,52% | +------------------------+------------+------------+------------+------------+ | Muud riigid | 1,91 | 7,53% | 1,84 | 6,88% | +------------------------+------------+------------+------------+------------+ | Kokku | 25,43 | 100,00% | 26,71 | 100,00% | +------------------------+------------+------------+------------+------------+ Muudest riikidest olid suurima käibega Prantsusmaa (käive 4. kv 2019: 0,36 miljonit eurot), Belgia (0,32 miljonit eurot) ja Kreeka (0,26 miljonit eurot). Indrek Kasela AS PRFoods Juhatuse liige T: +372 452 1470 [email protected] www.prfoods.ee
Content of announcement in English
Title
PRF: Unaudited preliminary consolidated turnover of AS PRFoods in the 4th quarter and 2nd half year of 2019
Message
PRFoods' unaudited preliminary consolidated turnover in 4Q 2019 (i.e. 2Q of the fiscal year 2019/2020) amounted to EUR 25.43 million euros (26.71 million euros in 4Q 2018). The unaudited preliminary consolidated turnover in 2(nd) half year 2019 (i.e. 1(st) half year of the fiscal year 2019/2020) amounted to EUR 44.75 million euros (46.11 million euros in 2(nd) half year 2018) The second half of 2019 was characterized by more than 8% drop in the market prices of salmon and trout, which resulted in Finnish retail chains' expectation to lower the prices of smoked products in private label segment. In order to maintain profitability, we decided to reduce the supply of hot and cold smoked products on the Finnish market for the period. We were able to partially replace the decline in the turnover of smoked products with a 7% increase in sales of fish and fish fillets and other fish products. Smoked products private label segment price level had recovered by 2020 first half of the year and we are continuing with supply in earlier level. The share of raw fish and fillets' product group in total turnover increased by 4.56 percentage points and the share of other fish products increased by 2.49 percentage points. The share of smoked fish products decreased by 6.93 percentage points. +-----------------------------------+-------+--------+-------+--------+ |Turnover by product groups, mln EUR|4Q 2019|Share, %|4Q 2018|Share, %| +-----------------------------------+-------+--------+-------+--------+ |Raw fish and fillets | 11.35| 44.64%| 10.70| 40.07%| +-----------------------------------+-------+--------+-------+--------+ |Smoked products | 9.20| 36.17%| 11.51| 43.09%| +-----------------------------------+-------+--------+-------+--------+ |Other fish products | 4.88| 19.17%| 4.46| 16.68%| +-----------------------------------+-------+--------+-------+--------+ |Other revenue | 0.01| 0.03%| 0.04| 0.15%| +-----------------------------------+-------+--------+-------+--------+ |Total | 25.43| 100.00%| 26.71| 100.00%| +-----------------------------------+-------+--------+-------+--------+ The share of HoReCa and wholesale client groups increased by 1.76 percentage points and by 1.66 percentage points, respectively. The share of retail client group decreased by 6.73 percentage points. +------------------------------------+---------+----------+---------+----------+ | Turnover by client groups, mln EUR | 4Q 2019 | Share, % | 4Q 2018 | Share, % | +------------------------------------+---------+----------+---------+----------+ | Retail chains | 9.40 | 36.98% | 11.67 | 43.71% | +------------------------------------+---------+----------+---------+----------+ | Wholesale | 8.83 | 34.74% | 8.83 | 33.07% | +------------------------------------+---------+----------+---------+----------+ | HoReCa | 6.01 | 23.62% | 5.84 | 21.86% | +------------------------------------+---------+----------+---------+----------+ | Other revenue | 1.19 | 4.66% | 0.36 | 1.36% | +------------------------------------+---------+----------+---------+----------+ | Total | 25.43 | 100.00% | 26.71 | 100.00% | +------------------------------------+---------+----------+---------+----------+ The three largest markets had an aggregated turnover of 21.80 million euros accounting for 85.73% of total sales in 4Q 2019 compared to 24.20 million euros in 4Q 2018, when the turnover of the largest markets accounted for 90.60% of total sales. +--------------------------------+---------+----------+---------+----------+ | Turnover by countries, mln EUR | 4Q 2019 | Share, % | 4Q 2018 | Share, % | +--------------------------------+---------+----------+---------+----------+ | Finland | 15.84 | 62.29% | 18.29 | 68.46% | +--------------------------------+---------+----------+---------+----------+ | Great Britain | 3.46 | 13.61% | 3.77 | 14.11% | +--------------------------------+---------+----------+---------+----------+ | Estonia | 2.50 | 9.83% | 2.14 | 8.03% | +--------------------------------+---------+----------+---------+----------+ | Latvia | 1.72 | 6.75% | 0.67 | 2.52% | +--------------------------------+---------+----------+---------+----------+ | Other countries | 1.91 | 7.53% | 1.84 | 6.88% | +--------------------------------+---------+----------+---------+----------+ | Total | 25.43 | 100.00% | 26.71 | 100.00% | +--------------------------------+---------+----------+---------+----------+ Among other countries, turnover of France (turnover 4Q 2019: 0.36 million euros), Belgium (0.32 million euros) and Greece (0.26 million euros) were the largest ones. Indrek Kasela AS PRFoods Member of the Management Board Phone: +372 452 1470 [email protected] www.prfoods.ee