Kerry Group Plc · EURONEXT:KRZ
Kerry — Q3 YTD 2018 Earnings Presentation
14 slides from Kerry's earnings presentation, November 2018
Slide 1: Q3 YTD 2018 Interim Management Statement
KERRY Leading to Better Q3 YTD 2018 Interim Management Statement November 2018 kerry group com
Slide 2: Disclaimer: Forward Looking Statements
Disclaimer: Forward Looking Statements This presentation/announcement may contain forward looking statements with projections regarding, among other things, the Group’s strategy, revenues, earnings, trading profit, trading margin, finance costs, tax rate, capital expenditure, dividends, cash flow, n
Slide 3: Q3 YTD 2018
Q3 YTD 2018 Edmond Scanlon, CEO Marguerite Larkin, CFO © Kerry 2018 | 3
Slide 4: Winning Locally
Singapore Investor Day Winning Locally Customer Capabilities Connectivity i Winning ‘=, Locally © Kerry 2018 | 4
Slide 5: Q3 YTD 2018 Business Overview
Q3 YTD 2018 Business Overview • Volume growth – winning integrated business model delivering growth ahead of our markets • Developing markets – continued strong broad based performance • Acquisitions – investing in our strategic priorities for growth • Developed – consumer demand for new & improved
Slide 6: Highlights – Continued Good Performance
Q3 YTD 2018 Highlights – Continued Good Performance • • Taste & Nutrition +4.1% • Consumer Foods +1.2% • Pricing of (0.2%) 4.1% 3.5% • • Good underlying margin expansion offset by transaction currency • Taste & Nutrition +20bps 1.2% • Consumer Foods (60bps) T&N Foods Group • Earnings guidance for fu
Slide 7: Revenue Growth Analysis
Revenue Growth Analysis Q3 YTD Q3 YTD 2017 2018 2.2% Volume Volume 3.5% 3.6% Translation Transaction Acquisition/ Price currency currency disposal (4.9%) (0.1%) (0.2%) 3.9% © Kerry 2018 | 7
Slide 8: Business Review – Taste & Nutrition
Business Review – Taste & Nutrition Revenue +4.1%1 Trading margin +20bps • Continued volume growth ahead of our markets: 10.1% ⎯ Meat, Beverage & Snacks End Use Markets (EUMs) performing strongly ⎯ Authentic Taste & Clean Label technology portfolios key drivers of growth ⎯ Developing markets – growt
Slide 9: Business Review – Consumer Foods
Business Review – Consumer Foods Revenue +1.2%1 Trading margin (60bps) • Volume growth ahead of market – continued good performance across ‘Food to Go’ range 1.2% • Pricing flat – reflecting neutral raw material pricing on average across the period • Trading margin – underlying growth more than offs
Slide 10: Other Matters
Other Matters LATAM deployment completed and programme building for North America UK consumer – continued economic uncertainty Inflation in H1 turning to deflation in H2 Full year translation and transaction effect – no change to August guidance €1.4bn at period end © Kerry 2018 | 10
Slide 11: Acquisitions Update
Acquisitions Update Hangman SIAS Season to Season Foremost Farms Ojah JV Flavour Source AATCO Fleischmann’s (FVC) © Kerry 2018 | 11
Slide 12: New Acquisitions Announced – Business Today & Strategic Fit
New Acquisitions Announced – Business Today & Strategic Fit (FVC) Authentic natural taste & clean label preservation Culinary Ingredients & Sauces US – 7 facilities 3 facilities – Oman, Saudi Arabia & India North America APMEA Snacks, Meals & Beverage Meals Retail Foodservice • Enhanced authentic ta
Slide 13: Outlook 2018
Outlook 2018 • Continued performance ahead of our markets – unique business model delivering strong innovation in both developed and developing markets – solid business performance, whilst navigating the current uncertain environment • Continued investment for fragmented marketplace and realisation
Slide 14: Q3 YTD 2018 Interim Management Statement
KERRY Leading to Better Q3 YTD 2018 Interim Management Statement November 2018 kerry group com