Heart of the Table - Financial and Strategy Update
Segment Information - Australia
INGHAM'S
Heart of the Table
Pro forma
Variance
%
1H FY2018 1H FY2017
$ millions
Australia
Poultry volumes (kt)
216.2
211.9
4.3
Feed volumes (kt)
191.7
228.0
(36.3)
2.0
(15.9)
Revenue
1,015.0
1,041.5
(26.5)
(2.5)
EBITDA
94.3
77.5
16.8
21.6
EBITDA %
9.3%
7.4%
1.9%
INGHAM'S
Heart of the Table
Table Pleasers
DINO CHICKEN
NUGGETS
WITH CORN AND CARROT
NO ADDED HORMONES
100% AUSSIE CHICKEN
Love 'em
INGHAM'S
Heart of the Tabl
Table Pleasers
CHICKEN
MINI DRUMS
HONEY MUSTARD
Love'em
NO ADDED HORMONES 100% AUSSIE CHICKEN GOOD SOURCE OF PROTEIN
1kg NET
Frech Chicken
NET 400g
✔SOURCE OF PROTEIN
©
SINGE
Note: Total Poultry volumes includes core chicken and turkey products in addition to ingredients
Summary: Australia
> Poultry volume growth excluding ingredients of 2.7%
Price increases passed through across the vast majority
of volume and in all channels, reflecting flow through of
higher electricity, gas and feed prices, if not offset
Accelerate benefits delivering profit improvement while
leveraging the volume growth of the last 18 months
Retail
Continued growth in retail volumes, despite cycling of
customer EDLP initiatives
Growth in premium penetration, e.g. Free Range
QSR & Food Service
> Continued growth in fresh volumes
Increased competition in Further Processed segment
Wholesale & Export
> Wholesale market prices reflecting flow through of cost
price increases
Export volumes remain < 2%, primarily for clearance
Feed
> Reduction in volume reflects cycling of third party
customer loss in Q2 FY17 and lower demand from
smaller chicken feed customers
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