Investor Presentaiton
Costa Farms & Logistics
Pro Forma segment financial and operating metrics
A$m
Pro forma Pro forma
FY14
Var
FY15
Prospectus
FY15
"
(1)
Revenue
227.1
231.5
4.4
230.3
•
EBITDA before SGARA
14.4
9.0 (5.4)
8.9
EBITDA-S margin
6.3%
3.9% (2.4%)
3.9%
•
8.7
Revenue $4.4m or 1.9% higher than FY2014:
-
Costa Farms +20.0%:
includes wholesale operations, banana and avocado operations;
Increase due to significant marketing campaigns undertaken in H2
FY2015, and higher banana prices relative to FY2014.
Logistics -51.8%: reduction due to the termination of the Coles services
contract at Eastern Creek in July 2014.
• warehouse has been back filled with new work and further
integration with Costa category requirements;
Transacted sales (1)
250.3
250.6
0.3
249.4
Operating EBITDA
14.4
9.0 (5.4)
Revenue: +1.9%
20.0%
Costa Farms
Logistics
-51.8%
•
Site operations restructured to lower cost base.
EBITDA before SGARA reduction of $5.4m or 37.5% against FY2014:
Eastern Creek impact $8.5m
Uplift in Costa Farms trading activities has mitigated some of this
impact.
Note: CF&L segment revenue and transacted sales has been adjusted to reallocate intersegment eliminations from group intercompany eliminations. There is no change to overall group revenue.
costa
fresh is our passion
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