Investor Presentaiton
Produce Segment - Category Highlights
Mushroom
Tomato
Avocado
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Revenue was flat vs pcp.
Monarto averaged 259 tonnes per week over 1H, +3.3% vs
pcp.
Due to weather impacts on compost, Mernda facility
yields were lower than forecast and although largely offset
by above forecast Monarto yields, sales volume was
marginally below expectations for the 1H.
Pre-pack as a share of total sales was +6% vs pcp.
Revenue was down 11 % vs pcp.
Lower than expected summer months pricing and demand
meant aggregate pricing for 1H was subdued.
Sales volume was down vs pcp, reflective of softer consumer
demand.
Production volume positive vs expectations, but still
marginally down vs pcp.
Revenue was +11% vs pcp. aided in steady pricing recovery
from pcp. Own farm sales volume well ahead of pcp.
Average tray sale price was +42% vs pcp.
Review of portfolio ongoing, with sale of Gunalda FNQ
farm completed and focus on driving efficiencies across
remaining farms.
WA exports to Japan continue to increase YoY. Lobbying
ongoing for east coast access to increase export volumes.
% of total sales mix
Trays
1HCY23 Retail/Wholesale
sales mix
1HCY23 Sales mix
14%
86%
■ Retail
■ Wholesale
36%
64%
■ Prepack ■ Loose
1HCY23 Sales Mix
Snacking
60%
51%
52%
50%
40%
30%
20%
10%
Truss
30%
|| i
L
26%
Other
22%
19%
0%
1HCY22
1HCY23 1HCY22 1HCY23 1HCY22
1HCY23
Trays exported to Japan from WA YTD
14,000
12,000
10,000
8,000
6,000
9,600
4,000
2,000
13,250
costa
well grown
1HCY23 Results
Presentation
13
PCP
CY23 YTDView entire presentation