TATA CONSUMER PRODUCTS Earnings Update
UK
TATA CONSUMER PRODUCTS
Value Awards- Best Supplier Service.
Congratulations!
TATA
Best supplier service YTD
(supplier has delivered over 1m cases):
Tata Consumer - 97.5%
TESCO
TCPL UK received Best Supplier Service Award by Tesco
-2%
FY22 Revenue
Growth#
+7%
FY22 Teapigs
revenue Growth^
Performance commentary
Revenue for the quarter grew 5%#
with 6% volume growth.
Revenue for the year declined 2%#
on an elevated base that saw pantry
loading last year. 2-year revenue
CAGR was marginally positive. #
Teapigs continued its strong
trajectory growing 7% in FY22, after
growing 18% last year.
•
We gained market share in F&H
category driven by strong performance
of Good Earth, Tetley Supers and
Tetley Herbals innovations.
In terms of channels, Mainstream
OOH, Specialty and Wholesale
continue to see good traction,
offsetting the decline in Grocery.
Essley
TETLEY
PRESENTS
KEMPTON BUNTON'S
BREAKFAST BLEND
ALIMITED EDITION BLED
IN PARTNERSHIP WITH
DUKE
19.4%
Value Market share*
(in everyday black)
Other updates
Newly launched Teapigs Decaf
blend secured key listings and
received great response and
offtakes on D2C.
D2C channel of Teapigs and Tetley off
to a good start and building better
consumer engagement
Partnered with Oscar wining actor, Jim Broadbent, who came to Tetley HQ
to try out new and specially curated blend of tea
# Constant currency including teapigs
^ Constant currency
* Source: Nielsen - Value share, Moving Annual Total (MAT) basis - Mar'22
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