Strategic rationale for the acquisitions slide image

Strategic rationale for the acquisitions

Broad supplier base and a large and diverse set of customers Large network of 600 suppliers... Supplying ~15,000 SKUs... To a diverse set of segments and >20,000 customers... With strong customer loyalty FY23A Foodservice procurement spend breakdown (%) FY23A breakdown of SKUs supplied (SKUs) FY23A sales mix by customer type (%) Foodservice annual churn rate from prior year¹ c. 600 Suppliers 59% Top 20 suppliers: c40% Dry 33% c. 15,000 SKUs 16% Chiller Source: Superior Food results. Financial years ended 30 June. 1. Churn rate is calculated based on no revenue from a prior year customer in the current year. Metcash 51% Freezer Hotels Health Institutional Restaurant 3% 3% 4% 17% $1.2bn Sales 20% Corporate caterers 27% 26% QSR Street / Other NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Elevated due to COVID disruption 4.1% 3.4% FY22 vs 21 FY23 vs 22 19
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