Ingham's Group Highlights and Financial Update slide image

Ingham's Group Highlights and Financial Update

Segment Information - New Zealand millions (AUD) Jun-19 Jun-18 Variance % New Zealand Core Poultry volumes (kt) 63.6 63.2 0.4 Feed volumes (kt) 130.3 137.3 (7.0) 0.6 (5.1) Revenue 380.4 370.0 10.4 2.8 EBITDA 29.1 36.8 (7.7) (20.9) EBITDA % 7.6% 9.9% (2.3) Underlying EBITDA 29.6 36.8 (7.2) (19.6) Underlying EBITDA % 7.8% 9.9% (2.1) INGHAM'S Heart of the Table Gluten Free CHICKEN TENDERS SOUTHERN STYLE NO ADDED HORMONES 100% NEW ZEALAND CHICKEN ✓ CAGE FREE ECAL AND Love'em Note: All financial numbers are in AUD 4-5 NET GOOD INGHAM'S Heart of the Table Gluten Free CHICKEN BURGERS ORIGINAL NO ADDED HORMONES ✔100% NEW ZEALAND CHICKEN ✓CAGE FREE 6 BURGER PATTIES Love em NET 000g INGHAM'S Heart of the Table Summary: New Zealand Volume for core poultry in line with prior year, with some growth in 2H Free-Range segment continues to grow Trading performance reflects price competition, increased farming costs and network issues New management team in place to deliver operational improvements across the network Recent indications suggest the NZ market moving into a period of less over-supply > Expected to return to year on year growth in FY2020 Third Party Feed Sales Dairy feed demand impacted by excellent pasture conditions Third party chicken feed sales in line with expectations PAGE // 12
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