Full Year Results Investor Presentation 2023
GROSS PROFIT
PERFORMANCE BY CATEGORY
Sales Volume (MT)
Ingredients
Advanced Nutrition
Consumer
Foodservice
FY 19
FY 20
FY 21
FY 22
FY 23
98,499
97,561
125,914
132,481
51,231
52,871
34,362
33,506
8,947
44,818
58,483
59,786
108,856
31,971
56,999
Subtotal
158,677
195,250
218,759
225,773
757
198,583
Gross Profit ($M)
Ingredients
36.8
31.3
14.5
57.5
54.6
Advanced Nutrition
152.4
172.8
45.0
73.8
57.0
Consumer
(3.0)
10.5
21.3
29.0
Foodservice
(0.2)
Subtotal
186.2
204.1
70.0
152.6
140.4
Gross Profit ($/MT)
Ingredients
374
321
115
434
501
Advanced Nutrition
2,975
3,268
1,310
2,203
1,782
Consumer
(339)
0.5
179
357
508
Foodservice
Subtotal
(313)
1,174
1,045
320
676
707
Revenue ($M)
Ingredients
Advanced Nutrition
Consumer
Foodservice
Subtotal
481
510
635
826
661
498
594
406
416
440
10
132
266
309
329
4
989
1,236
1,307
1,551
1,434
Note: Amounts not attributable to business units are not included in the above table. Advanced Nutrition margins have been restated to exclude milk supply costs attributable to raw milk and cream sales.
PAGE 32
FULL YEAR RESULTS INVESTOR PRESENTATION 2023View entire presentation