Börsiteade
AS PRFoods
LEI kood
529900PFXFO2ZDCRNK93
Emitendi suuruskategooria
Keskmise suurusega kontsern
Majandustegevusalad
Finants- ja kindlustustegevus
Emitendi registreeritud asukoht
Eesti
Üldandmed
Kategooriad
Majandusaasta aruanne
Teate ID
6042
Manused
Esitamise kuupäev ja aeg
14.04.2017 18:05:00
Teate sisu eesti keeles
Pealkiri
PRFoods: Auditeeritud konsolideeritud majandusaasta aruanne 2016
Teade
Tallinn, Eesti, 2017-04-14 17:05 CEST (GLOBE NEWSWIRE) --
2016. aasta oli PRFoodsile edukas. Ületasime käibeprognoosi 2,4 miljoni euro
võrra ning maksude- ja kulumieelne kasum (EBITDA) tõusis võrreldes eelmise
aastaga 28,7% ehk 0,6 miljonit eurot. Ettevõte saavutas müügikäibe 47,4
miljonit eurot (4. kvartali käive 16,9 miljonit eurot), kuid pidi samal ajal
toime tulema väga kiire tooraine hinna tõusuga, mis jätkus ka 4. kvartalis.
Tänu kalakasvatusele suutis PRFoods suurendada 2016. aasta EBITDA kuni 2,6
miljoni euroni, aastane kasv 0,6 miljonit eurot, kuid äritegevuse EBITDA
kahanes tulenevalt müüdud kaupade kulu kasvust. PRFoodsi juhtkond on teinud
head tööd reageerides kasvavatele kalahindadele, kärpinud ettevõtte kulubaasi
ja aktiivselt töötanud selle nimel, et kanda hinnatõus edasi klientidele. Selle
tulemusena teenisime 4. kvartalis 0,7 miljonit eurot EBITDAd äritegevusest,
ilma ühekordsete kuludeta 1,1 miljonit eurot. 4. kvartalis kasutasime tootmises
enda kasvatatud kala, mis tingis biomassi kahanemise ja kahjumi -1,1 miljoni
euro võrra.
2016. aasta ärikasum oli 1,4 miljonit eurot (2015. aasta kasum 0,9 miljonit
eurot). Puhaskasum oli 0,7 miljonit eurot (2015. aasta puhaskasum 1,2 miljonit
eurot). Ärikasum paranes aastataguse perioodiga võrreldes kokku 0,5 miljoni
eurot (2015. aasta paranes 1,5 miljonit eurot). Puhaskasum kahanes aastaga -0,5
miljoni euro võrra (2015. aastal kasvas 2,7 miljonit eurot). Ärikasumi
marginaal oli 2,9% (2015. aasta 1,7%) ning puhasrentaablus oli 1,5% (2015.
aasta -2,3%).
2016. aastal olid ettevõttel tavapärasest suuremad ühekordsed kulud, mis on
seotud ettevõtte korporatiivtegevuse, investeeringute ja 2017. aastal tuleva
brändi uuendamisega. Me ei näe 2017. aastal ette sarnaseid ühekordseid kulusid.
Ühekordsete kulude mõju EBITDAle, ärikasumile ja puhaskasumile oli -0,4
miljonit eurot (2015: ei olnud ühekordseid tulusid-kulusid).
ASi PRFoods 2016. aasta auditeeritud konsolideeritud majandusaasta aruanne on
kättesaadaval NASDAQ OMX Tallinn kodulehel ning AS PRFoods kodulehel
(prfoods.ee).
Võtmenäitajad
Kasumiaruanne, milj 2016 2015 2014 2013 2012
EUR
--------------------------------------------------------------------------------
Müügitulu 47,4 50,3 45,9 43,4 34,9
--------------------------------------------------------------------------------
Brutokasum 4,0 6,8 5,3 4,2 6,4
--------------------------------------------------------------------------------
EBITDA äritegevusest 0,8 2,9 0,4 0,3 2,9
--------------------------------------------------------------------------------
EBITDA 2,6 2,0 0,5 1,3 1,0
--------------------------------------------------------------------------------
EBIT 1,4 0,9 -0,6 0,2 0,0
--------------------------------------------------------------------------------
EBT 1,1 1,1 -1,4 -0,8 -0,3
--------------------------------------------------------------------------------
Puhaskasum (-kahjum) 0,7 1,2 -1,5 -0,9 0,0
--------------------------------------------------------------------------------
Brutorentaablus 8,5% 13,5% 11,5% 9,6% 18,2%
--------------------------------------------------------------------------------
Äritegevuse EBITDA 1,6% 5,8% 0,8% 0,8% 8,2%
marginaal
--------------------------------------------------------------------------------
EBITDA marginaal 5,5% 4,0% 1,1% 3,0% 3,0%
--------------------------------------------------------------------------------
EBIT marginaal 2,9% 1,7% -1,3% 0,4% -0,1%
--------------------------------------------------------------------------------
EBT marginaal 2,4% 2,1% -3,0% -1,7% -1,0%
--------------------------------------------------------------------------------
Puhasrentaablus 1,5% 2,3% -3,3% -2,0% 0,1%
--------------------------------------------------------------------------------
Tegevuskulude 10,1% 10,8% 13,4% 12,8% 15,3%
suhtarv
--------------------------------------------------------------------------------
Bilanss, milj EUR 31.12.2016 31.12.2015 31.12.2014 31.12.2013 31.12.2012
--------------------------------------------------------------------------------
Netovõlgnevus 0,3 -0,6 -2,6 13,2 13,8
--------------------------------------------------------------------------------
Omakapital 23,8 23,2 33,7 37,3 36,5
--------------------------------------------------------------------------------
Käibekapital 12,4 11,4 22,6 9,9 11,9
--------------------------------------------------------------------------------
Varad 35,1 29,5 40,4 63,8 63,2
--------------------------------------------------------------------------------
Likviidsuskordaja 2,4 3,7 5,6 1,6 1,9
--------------------------------------------------------------------------------
Omakapitali suhtarv 67,9% 78,8% 83,3% 58,4% 57,7%
--------------------------------------------------------------------------------
Finantsvõimendus 1,2% -2,5% -8,3% 26,1% 27,5%
--------------------------------------------------------------------------------
Netovõlg/EBITDA 0,4 -0,2 -7,0 38,0 4,8
--------------------------------------------------------------------------------
Omakapitali tootlus 3,0% 4,1% -4,2% -2,4% 0,1%
--------------------------------------------------------------------------------
Varade tootlus 2,2% 3,4% -2,9% -1,4% 0,1%
--------------------------------------------------------------------------------
Konsolideeritud finantsseisundi aruanne
EUR '000 31.12.2016 31.12.2015
----------------------------------------------------------
VARAD
----------------------------------------------------------
Raha ja ekvivalendid 4 374 1 921
----------------------------------------------------------
Nõuded ja ettemaksed 4 056 3 653
----------------------------------------------------------
Varud 5 393 5 616
----------------------------------------------------------
Bioloogilised varad 7 584 4 421
----------------------------------------------------------
Käibevara kokku 21 407 15 611
----------------------------------------------------------
----------------------------------------------------------
Edasilükkunud tulumaksuvara 230 138
----------------------------------------------------------
Pikaajalised finantsinvesteeringud 103 161
----------------------------------------------------------
Materiaalne põhivara 7 285 7 427
----------------------------------------------------------
Immateriaalne vara 6 031 6 128
----------------------------------------------------------
Põhivara kokku 13 649 13 854
----------------------------------------------------------
VARAD KOKKU 35 056 29 465
----------------------------------------------------------
----------------------------------------------------------
KOHUSTUSED JA OMAKAPITAL
----------------------------------------------------------
Võlakohustused 3 716 286
----------------------------------------------------------
Võlad ja ettemaksed 5 131 3 760
----------------------------------------------------------
Sihtfinantseerimine 162 177
----------------------------------------------------------
Lühiajalised kohustused kokku 9 009 4 223
----------------------------------------------------------
----------------------------------------------------------
Võlakohustused 940 1 063
----------------------------------------------------------
Edasilükkunud tulumaksukohustus 747 252
----------------------------------------------------------
Sihtfinantseerimine 551 706
----------------------------------------------------------
Pikaajalised kohustused kokku 2 238 2 021
----------------------------------------------------------
KOHUSTUSED KOKKU 11 247 6 244
----------------------------------------------------------
----------------------------------------------------------
Aktsiakapital 7 737 7 737
----------------------------------------------------------
Ülekurss 14 007 16 026
----------------------------------------------------------
Oma aktsiad -256 -172
----------------------------------------------------------
Kohustuslik reservkapital 12 6
----------------------------------------------------------
Realiseerimata kursivahed 428 471
----------------------------------------------------------
Jaotamata kahjum 1 883 -847
----------------------------------------------------------
OMAKAPITAL KOKKU 23 809 23 221
----------------------------------------------------------
OMAKAPITAL JA KOHUSTUSED KOKKU 35 056 29 465
----------------------------------------------------------
Konsolideeritud koondkasumiaruanne
EUR '000 2016 2015
--------------------------------------------------------------------------------
Müügitulud 47 429 50 273
--------------------------------------------------------------------------------
Müüdud kaupade kulu -43 410 -43 509
--------------------------------------------------------------------------------
Brutokasum 4 019 6 764
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Tegevuskulud -4 785 -5 411
--------------------------------------------------------------------------------
Turundus- ja müügikulud -3 346 -4 033
--------------------------------------------------------------------------------
Üldhalduskulud -1 439 -1 378
--------------------------------------------------------------------------------
Muud äritulud/-kulud -118 406
--------------------------------------------------------------------------------
Bioloogiliste varade ümberhindlus 2 263 -888
--------------------------------------------------------------------------------
Ärikasum (-kahjum) 1 379 871
--------------------------------------------------------------------------------
Finantstulud 2 303
--------------------------------------------------------------------------------
Finantskulud -240 -105
--------------------------------------------------------------------------------
Maksustamiseelne kasum (-kahjum) 1 141 1 069
--------------------------------------------------------------------------------
Tulumaks -426 110
--------------------------------------------------------------------------------
Puhaskasum (-kahjum) 715 1 179
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Muu koondkasum (-kahjum), mis on hiljem võimalik ümber
klassifitseerida kasumiaruandesse:
--------------------------------------------------------------------------------
Valuutakursi vahed -43 30
--------------------------------------------------------------------------------
Kokku koondkasum (-kahjum) 672 1 209
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Tava puhaskasum (-kahjum) aktsia kohta (EUR) 0,02 0,03
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Lahustatud puhaskasum (-kahjum) aktsia kohta (EUR) 0,02 0,03
--------------------------------------------------------------------------------
Indrek Kasela
AS PRFoods
Juhatuse liige
T: +372 6033 800
[email protected]
www.prfoods.ee
Teate sisu inglise keeles
Pealkiri
PRFoods: Audited Consolidated Annual Report 2016
Teade
Tallinn, Estonia, 2017-04-14 17:05 CEST (GLOBE NEWSWIRE) --
2016 was successful for PRFoods. We exceeded our revenue prognosis by 2.4
million euros and profit before taxes and depreciation (EBITDA) increased by
28.7%, i.e. 0.6 million euros. The company achieved revenue of 47.4 million
euros, but faced very rapid increase in raw material prices well into Q4.
PRFoods increased its 2016 EBITDA to 2.6 million euros, up by 0.6 million euros
year-on-year, thanks to fish farming operations, but operational EBITDA lagged
due to increase in cost of goods sold. PRFoods management did an excellent job
in countering the increase in fish prices, trimmed company’s cost base and
actively worked on transferring price increases to customers. This resulted in
posting Q4 0,7 million euros operational EBITDA, without one-off costs 1.1
million euros. In Q4 we used our own fish in processing, resulting in decrease
(loss) in biomass by 1.1 million euros.
Operating profit in 2016 was 1.4 million euros (operating profit for 2015: 0.9
million euros). Net profit totalled 0.7 million euros (2015: net profit of 1.2
million euros). Operating profit improved 0.5 million euros (2015: improved by
1.5 million euros). Net profit decreased -0.5 million euros (2015: improved 2.7
million euros). Operating margin was 2.9% (2015: 1.7%) and net profit margin
was 1.5% (2015: 2.3%).
In year 2016, the company incurred larger one-off costs related to certain
corporate activities, investments and brand relaunch to take place in 2017. We
do not foresee such extraordinary one-off costs in 2017. Those costs influenced
EBITDA, operational profit and net profit in amount of -0.4 million euros
(2015: no one-off expenses).
The audited consolidated annual report of AS PRFoods for 2016 is available at
the website of NASDAQ OMX Tallinn and at the website of AS PRFoods
(prfoods.ee).
Key Ratios
Profit & Loss, 2016 2015 2014 2013 2012
EUR mln
--------------------------------------------------------------------------------
Sales 47.4 50.3 45.9 43.4 34.9
--------------------------------------------------------------------------------
Gross profit 4.0 6.8 5.3 4.2 6.4
--------------------------------------------------------------------------------
EBITDA from 0.8 2.9 0.4 0.3 2.9
operations
--------------------------------------------------------------------------------
EBITDA 2.6 2.0 0.5 1.3 1.0
--------------------------------------------------------------------------------
EBIT 1.4 0.9 -0.6 0.2 0.0
--------------------------------------------------------------------------------
EBT 1.1 1.1 -1.4 -0.8 -0.3
--------------------------------------------------------------------------------
Net profit (-loss) 0.7 1.2 -1.5 -0.9 0.0
--------------------------------------------------------------------------------
Gross margin 8.5% 13.5% 11.5% 9.6% 18.2%
--------------------------------------------------------------------------------
Operational EBITDA 1.6% 5.8% 0.8% 0.8% 8.2%
margin
--------------------------------------------------------------------------------
EBITDA margin 5.5% 4.0% 1.1% 3.0% 3.0%
--------------------------------------------------------------------------------
EBIT margin 2.9% 1.7% -1.3% 0.4% -0.1%
--------------------------------------------------------------------------------
EBT margin 2.4% 2.1% -3.0% -1.7% -1.0%
--------------------------------------------------------------------------------
Net margin 1.5% 2.3% -3.3% -2.0% 0.1%
--------------------------------------------------------------------------------
Operating expense 10.1% 10.8% 13.4% 12.8% 15.3%
ratio
--------------------------------------------------------------------------------
Balance Sheet, EUR 31.12.2016 31.12.2015 31.12.2014 31.12.2013 31.12.2012
mln
--------------------------------------------------------------------------------
Net debt 0.3 -0.6 -2.6 13.2 13.8
--------------------------------------------------------------------------------
Equity 23.8 23.2 33.7 37.3 36.5
--------------------------------------------------------------------------------
Working capital 12.4 11.4 22.6 9.9 11.9
--------------------------------------------------------------------------------
Assets 35.1 29.5 40.4 63.8 63.2
--------------------------------------------------------------------------------
Liquidity ratio 2.4 3.7 5.6 1.6 1.9
--------------------------------------------------------------------------------
Equity ratio 67.9% 78.8% 83.3% 58.4% 57.7%
--------------------------------------------------------------------------------
Gearing ratio 1.2% -2.5% -8.3% 26.1% 27.5%
--------------------------------------------------------------------------------
Net debt-to-EBITDA 0.4 -0.2 -7.0 38.0 4.8
--------------------------------------------------------------------------------
ROE 3.0% 4.1% -4.2% -2.4% 0.1%
--------------------------------------------------------------------------------
ROA 2.2% 3.4% -2.9% -1.4% 0.1%
--------------------------------------------------------------------------------
Consolidated statement of financial position
EUR '000 31.12.2016 31.12.2015
-------------------------------------------------------
ASSETS
-------------------------------------------------------
Cash and cash equivalents 4,374 1,921
-------------------------------------------------------
Receivables and prepayments 4,056 3,653
-------------------------------------------------------
Inventories 5,393 5,616
-------------------------------------------------------
Biological assets 7,584 4,421
-------------------------------------------------------
Total current assets 21,407 15,611
-------------------------------------------------------
-------------------------------------------------------
Deferred tax assets 230 138
-------------------------------------------------------
Long-term financial investments 103 161
-------------------------------------------------------
Tangible fixed assets 7,285 7,427
-------------------------------------------------------
Intangible assets 6,031 6,128
-------------------------------------------------------
Total non-current assets 13,649 13,854
-------------------------------------------------------
TOTAL ASSETS 35,056 29,465
-------------------------------------------------------
-------------------------------------------------------
EQUITY AND LIABILITIES
-------------------------------------------------------
Loans and borrowings 3,716 286
-------------------------------------------------------
Payables 5,131 3,760
-------------------------------------------------------
Government grants 162 177
-------------------------------------------------------
Total current liabilities 9,009 4,223
-------------------------------------------------------
-------------------------------------------------------
Loans and borrowings 940 1,063
-------------------------------------------------------
Deferred tax liabilities 747 252
-------------------------------------------------------
Government grants 551 706
-------------------------------------------------------
Total non-current liabilities 2,238 2,021
-------------------------------------------------------
TOTAL LIABILITIES 11,247 6,244
-------------------------------------------------------
-------------------------------------------------------
Share capital 7,737 7,737
-------------------------------------------------------
Share premium 14,007 16,026
-------------------------------------------------------
Treasury shares -256 -172
-------------------------------------------------------
Statutory reserve capital 12 6
-------------------------------------------------------
Currency translation reserve 428 471
-------------------------------------------------------
Retained profit (loss) 1,883 -847
-------------------------------------------------------
TOTAL EQUITY 23,809 23,221
-------------------------------------------------------
TOTAL EQUITY AND LIABILITIES 35,056 29,465
-------------------------------------------------------
Consolidated statement of profit or loss and other comprehensive income
EUR '000 2016 2015
--------------------------------------------------------------------------------
Sales 47,429 50,273
--------------------------------------------------------------------------------
Cost of goods sold -43,410 -43,509
--------------------------------------------------------------------------------
Gross profit 4,019 6,764
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Operating expenses -4,785 -5,411
--------------------------------------------------------------------------------
Selling and distribution expenses -3,346 -4,033
--------------------------------------------------------------------------------
Administrative expenses -1,439 -1,378
--------------------------------------------------------------------------------
Other income / expenses -118 406
--------------------------------------------------------------------------------
Fair value adjustment on biological assets 2,263 -888
--------------------------------------------------------------------------------
Operating profit (-loss) 1,379 871
--------------------------------------------------------------------------------
Financial income 2 303
--------------------------------------------------------------------------------
Financial expenses -240 -105
--------------------------------------------------------------------------------
Profit (-loss) before tax 1,141 1,069
--------------------------------------------------------------------------------
Income tax -426 110
--------------------------------------------------------------------------------
Net profit (-loss) 715 1,179
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Other comprehensive income (-expense) that might be
subsequently classified to profit or loss:
--------------------------------------------------------------------------------
Foreign currency translation differences -43 30
--------------------------------------------------------------------------------
Total comprehensive income (-expense) 672 1,209
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Profit (-loss) per share (EUR) 0.02 0.03
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Diluted profit (-loss) per share (EUR) 0.02 0.03
--------------------------------------------------------------------------------
Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 6033 800
[email protected]
www.prfoods.ee