Investor Presentaiton slide image

Investor Presentaiton

Produce Segment - Category Highlights Mushroom Tomato Avocado . • . . • 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 YTD
View entire presentation