Investor Presentaiton
•
FY22 Group Results
Impacted by non-recurring costs & demand issues, now addressed in FY23
5.00
-5.00
-10.00
-15.00
-20.00
0.8
2.0
-22.9
-25.00
-25.7
-30.00
Reported FY22 NPBT
PFG impairment
1.9
3.0
1.7
1.7
3.7
14.3
•
•
One-off legal costs
Trading results
Milk variances
Plant performance
Lactoferrin sales
Lactoferrin sales foregone accounted for $14.3m variance (but FY23 sales locked away)
Demand/COVID-19
PFG operations
FY22 Baseline NPBT
Milk variances ($3.0m) expected to diminish on the back of improved milk supply pricing in FY23
Operational issues and COVID-19 related challenges ($5.6m) not expected to reoccur in FY23
PFG results to improve given renegotiated pricing for FY23, and operational improvements
•
BESTON COMPANY
'GLOBAL FOOD
6View entire presentation