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AS PRFoods
LEI kood
529900PFXFO2ZDCRNK93
Emitendi suuruskategooria
Keskmise suurusega kontsern
Majandustegevusalad
Finants- ja kindlustustegevus
Emitendi registreeritud asukoht
Eesti
Üldandmed
Kategooriad
Muud korporatiivtoimingud
Teate ID
8297
Esitamise kuupäev ja aeg
11.10.2020 22:38:03
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PRF: AS’i PRFoods 2020/2021. majandusaasta 1. kvartali ja 3 kuu esialgne konsolideeritud auditeerimata müügikäive
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PRFoodsi 2020/2021. aasta esimese kvartali auditeerimata esialgne konsolideeritud käive oli 12,74 miljonit eurot langedes eelmise aasta sama perioodiga võrreldes 34,0% (1kv 2019/2020: 19,32 miljonit eurot), sealhulgas müügilangus jaekettides 1,2%, HoReCa sektoris 52,2% ja hulgimüügis 60,8%. Võrreldes eelmise kvartaliga s.o neljanda kvartaliga eelmisel majandusaastal langes käive 15,7% (4kv 2019/2020: 15,11 miljonit eurot), sealhulgas langes müük jaekettides ja hulgimüügi sektoris vastavalt 19,6% ja 35,0%, kusjuures HoReCa sektoris müük kasvas 37,7%. Indrek Kasela, PRFoods AS juhataja kommentaar: ?Koroona mõju jätkub kalasektoris ning nagu ka eelmises teates märkisime, et HoReCa sektor, mis moodustab kogu lõhe- ja forellikaubandusest ca 1/3 nii globaalselt kui regionaalselt, ei taastu järgneva 12 kuu jooksul endisele tasemele. Teatud määral korvab seda jaemüük, kuid mitte piisavalt. See on tekitanud olukorra, kus turul on liialt nii toorainet kui tootmiskapasiteeti, mis sunnib paljusid tootjaid hindu langetama. Eelmises kvartalis loobusime suures osas värske kala vahendusest Soomes, sest see seoks liiga palju meie käibekapitali olukorras, kus turunõudlus on ebakindel ning kala vahenduse marginaal väga madal. Kuigi juuni-juuli oli näha elavnemist on viiruse teise laine saabumine pannud juba augustist mitmetes riikides täiendavad piirangud HoReCa sektorile. Õnneks on näha, et Aasia toibub kiiremini kui ülejäänud maailm ning positiivse märgina oleme suutnud kvartali lõpust taastada ekspordi Jaapanisse. Käesoleval aastal näeme kahanemist Soome turul, kasvu Baltikumis, eriti Eestis, kus oleme saavutanud lühikese ajaga märkimisväärse turuosa. John Ross Jr on suutnud väga hästi kriisis vastu pidada ning hoidnud oma kasumlikkust ning lõpptoodete hindu hoolimata mõningasest käibelangusest. Probleemsem on olukord Soomes, kus jaekaubandus on koondunud kahe suurema jaeketi kätte ning valdav osa kalaturust on private label tooted. Oluline osa Soome käibe vähenemisest on tingitud hulgimüügi ehk värske kala vahenduse ning samuti müügihindade langusest, kuna ka tooraine hind on langenud - see on iseloomulik turule, kus on väga suur private label toodete osakaal. Kindlasti vaatame kriitiliselt üle kontserni kulubaasi, et olla vastavuses vähenenud käibega ning vähendame Soome osakaalu oma käibes ja kuludes." Majandusaasta esimeses kvartalis langes käive kõikide tooterühmade lõikes võrreldes eelmise majandusaasta esimese kvartaliga. Värske kala ja kalafilee tooterühma, mis moodustas tooteportfellist 32,4% (1kv 2019/2020: 41,8%), käive langes pea poole võrra võrreldes eelmise majandusaasta esimese kvartaliga. Suitsutatud toodete, mis moodustasid kogumüügist pea poole (1kv 2019/2020: 42,0%), müügikäive vähenes majandusaastate võrdluses 22,3%. +-----------------------------+---------+---------+-----------+---------+ |Käive toodete lõikes, mln EUR|1kv 20/21|1kv 19/20|Muutus, EUR|Muutus, %| +-----------------------------+---------+---------+-----------+---------+ |Värske kala ja kalafilee | 4,12| 8,07| -3,95| -48,9%| +-----------------------------+---------+---------+-----------+---------+ |Suitsutatud tooted | 6,30| 8,11| -1,81| -22,3%| +-----------------------------+---------+---------+-----------+---------+ |Muud kalatooted | 2,31| 3,11| -0,81| -25,9%| +-----------------------------+---------+---------+-----------+---------+ |Muu käive | 0,01| 0,02| -0,01| -59,7%| +-----------------------------+---------+---------+-----------+---------+ |Kokku | 12,74| 19,32| -6,57| -34,0%| +-----------------------------+---------+---------+-----------+---------+ Kliendigruppide lõikes oli esimeses kvartalis müügilangus jaekettides 1,2%, HoReCa ja hulgimüügi sektoris oli müügi vähenemine vastavalt 52,2% ja 60,8%. Jaekettide osakaal kogumüügist moodustas majandusaasta esimeses kvartalis peaaegu 60% ning HoReCa ja hulgimüük kumbki ca 20%. Eelmise majandusaasta esimeses kvartalis olid osakaalud vastavalt 41,3%, 24,1% ja 33,1%. +-----------------------------+---------+---------+-----------+---------+ |Käive kliendigrupiti, mln EUR|1kv 20/21|1kv 19/20|Muutus, EUR|Muutus, %| +-----------------------------+---------+---------+-----------+---------+ |Jaeketid | 7,43| 7,52| -0,09| -1,2%| +-----------------------------+---------+---------+-----------+---------+ |Hulgimüük | 2,40| 6,14| -3,74| -60,8%| +-----------------------------+---------+---------+-----------+---------+ |HoReCa | 2,49| 5,20| -2,72| -52,2%| +-----------------------------+---------+---------+-----------+---------+ |Muu käive | 0,42| 0,45| -0,03| -6,7%| +-----------------------------+---------+---------+-----------+---------+ |Kokku | 12,74| 19,32| -6,57| -34,0%| +-----------------------------+---------+---------+-----------+---------+ Kolme suurema sihtturu käive majandusaasta esimeses kvartalis oli 11,25 miljonit eurot ja see moodustas 88,3% kogukäibest võrreldes eelmise aasta sama perioodi käibega 17,38 miljonit eurot ja osakaaluga 90,0%. Muudest riikidest on jätkuvalt kõige suurema osakaaluga müük Lätti. +------------------------+-----------+-----------+-------------+-----------+ | Käive riigiti, mln EUR | 1kv 20/21 | 1kv 19/20 | Muutus, EUR | Muutus, % | +------------------------+-----------+-----------+-------------+-----------+ | Soome | 7,83 | 13,14 | -5,31 | -40,4% | +------------------------+-----------+-----------+-------------+-----------+ | Suurbritannia | 2,01 | 2,79 | -0,77 | -27,7% | +------------------------+-----------+-----------+-------------+-----------+ | Eesti | 1,41 | 1,46 | -0,05 | -3,4% | +------------------------+-----------+-----------+-------------+-----------+ | Läti | 0,51 | 0,69 | -0,18 | -26,5% | +------------------------+-----------+-----------+-------------+-----------+ | Muud riigid | 0,98 | 1,24 | -0,26 | -20,9% | +------------------------+-----------+-----------+-------------+-----------+ | Kokku | 12,74 | 19,32 | -6,57 | -34,0% | +------------------------+-----------+-----------+-------------+-----------+ Indrek Kasela AS PRFoods Juhatuse liige T: +372 452 1470 [email protected] www.prfoods.ee
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PRF: AS PRFoods’ unaudited preliminary consolidated turnover of the 1st quarter and 3 months of the 2020/2021 financial year
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PRFoods' unaudited preliminary consolidated turnover in the 1(st) quarter of the financial year of 2020/2021 amounted to 12.74 million euros, a decrease by 34.0% compared to the same period a year ago (1Q 2019/2020: 19.32 million euros), including sales decrease in retail sector by 1.2%, in HoReCa by 52.2% and in wholesale by 60.8%. Compared to the previous quarter i.e. the 4(th) quarter of the previous financial year, the sales decreased by 15.7%, (4Q 2019/2020: 15.11 million euros), with retail and wholesale sectors declining by 19.6% and 35.0% respectively, whereas sales in HoReCa sector increased by 37.7%. Indrek Kasela, CEO, PRFoods: ?The impact of COVID-19 continues in fish sector and as we noted in last sales announcement, HoReCa sector which gives ca 1/3 of salmon- and troutbusiness both globally and regionally, will not recover to previous levels in next 12 months. To some extent this is offset by retail, but not in adequate amount. This has created a situation where there is too much fish and production capacities in the market, forcing lot of producers to cut prices. During last quarter we forewent to large extent fresh fish trading in Finland, as it would have tied too much of our working capital in situation where market demand is unstable and fish trading margins are low. Although we saw increased activity in June-July, the onset of so called second wave forced several countries to impose restrictions on HoReCa. Luckily we see faster recovery in Asia compared to rest of the world and as positive sign we managed to initiate high volume exports to Japan from end of last quarter. This year we will see contraction in Finland, growth in Baltics, particularly in Estonia, where we have achieved significant market share in very short time. John Ross Jr has managed very well during the crisis and kept its profitability and price levels despite some decrease in sales. The situation is more problematic in Finland, where retail has been concentrated in the hands of two largest retail chains and vast majority of fish products on the market are private label. The decrease of Finnish sales is attributable to reduced fresh fish trading and lower prices of products, as the raw material has also cheapened - this is symptomatic to market, where private label commands the market share. We will critically assess our cost base to be in line with decreased sales and we will decrease share of Finnish business in our sales and expenses." In the first quarter of the financial year, the sales declined in all product groups compared to the first quarter of the previous financial year. The sales of fresh fish and fillets' product group that formed 32.4% of the product portfolio (1Q 2019/2020: 41.8%) nearly halved compared to the first quarter of the previous financial year. The sales of smoked products that accounted for about half of the total sales (1Q 2019/2020: 42.0%) declined by 22.3% over the financial years. +-----------------------------------+--------+--------+-----------+---------+ |Turnover by product groups, mln EUR|1Q 20/21|1Q 19/20|Change, EUR|Change, %| +-----------------------------------+--------+--------+-----------+---------+ |Fresh fish and fillets |4.12 |8.07 |-3.95 |-48.9% | +-----------------------------------+--------+--------+-----------+---------+ |Smoked products |6.30 |8.11 |-1.81 |-22.3% | +-----------------------------------+--------+--------+-----------+---------+ |Other fish products |2.31 |3.11 |-0.81 |-25.9% | +-----------------------------------+--------+--------+-----------+---------+ |Other revenue |0.01 |0.02 |-0.01 |-59.7% | +-----------------------------------+--------+--------+-----------+---------+ |Total |12.74 |19.32 |-6.57 |-34.0% | +-----------------------------------+--------+--------+-----------+---------+ By customer groups, the sales declined in retail chains by 1.2%, in HoReCa and wholesale sectors the decline was 52.2% and 60.8%, respectively. The share of retail chains' sales of the financial year's total sales was ca 60%, and HoReCa and wholesale accounted for ca 20% each. In the first quarter of the previous financial year, the customer groups accounted for 41.3%, 24.% and 33.1%, respectively. +----------------------------------+--------+--------+-----------+---------+ |Turnover by client groups, mln EUR|1Q 20/21|1Q 19/20|Change, EUR|Change, %| +----------------------------------+--------+--------+-----------+---------+ |Retail chains | 7.43| 7.52| -0.09| -1.2%| +----------------------------------+--------+--------+-----------+---------+ |Wholesale | 2.40| 6.14| -3.74| -60.8%| +----------------------------------+--------+--------+-----------+---------+ |HoReCa | 2.49| 5.20| -2.72| -52.2%| +----------------------------------+--------+--------+-----------+---------+ |Other revenue | 0.42| 0.45| -0.03| -6.7%| +----------------------------------+--------+--------+-----------+---------+ |Total | 12.74| 19.32| -6.57| -34.0%| +----------------------------------+--------+--------+-----------+---------+ The three largest markets had an aggregated turnover of 11.25 million euros accounting for 88.3% of total sales in the 1(st) quarter of the financial year compared to the sales of 17.38 million euros and the share of 90.0% in the same period a year ago. The sales to Latvia continue to account for the largest share of sales to other countries. +------------------------------+--------+--------+-----------+---------+ |Turnover by countries, mln EUR|1Q 20/21|1Q 19/20|Change, EUR|Change, %| +------------------------------+--------+--------+-----------+---------+ |Finland | 7.83| 13.14| -5.31| -40.4%| +------------------------------+--------+--------+-----------+---------+ |Great Britain | 2.01| 2.79| -0.77| -27.7%| +------------------------------+--------+--------+-----------+---------+ |Estonia | 1.41| 1.46| -0.05| -3.4%| +------------------------------+--------+--------+-----------+---------+ |Latvia | 0.51| 0.69| -0.18| -26.5%| +------------------------------+--------+--------+-----------+---------+ |Other countries | 0.98| 1.24| -0.26| -20.9%| +------------------------------+--------+--------+-----------+---------+ |Total | 12.74| 19.32| -6.57| -34.0%| +------------------------------+--------+--------+-----------+---------+ Indrek Kasela AS PRFoods Member of the Management Board Phone: +372 452 1470 [email protected] www.prfoods.ee