Kri-kri Milk Industry S.a. · ATHEX:KRI
Kri-kri Milk Industry — Q1 2022 Earnings Presentation
9 slides from Kri-kri Milk Industry's earnings presentation, September 2022
Slide 1: Authentic products drive sustainable growth
Authentic products drive sustainable growth Q1-2022 Update September 2022
Slide 2: Legal disclaimer
INVESTOR PRESENTATION | Q1-2022 Update Kri Kri Legal Legal disclaimer 02 This presentation was prepared by KRI KRI S.A. The information contained herein has been obtained from company and external sources believed to be reliable, but not guaranteed as to its accuracy or completeness. The information
Slide 3: Q1-2022 highlights
INVESTOR PRESENTATION | Q1-2022 Update Q1-2022 highlights 03 YOG Exports YOG Greece Strong expansion Gains despite declining consumption 2019 2020 2021 Ice Cream Greece Input Costs Inflation strong in the hits profitability. 5-months 2022 3 price increases in 2022
Slide 4: Q1-2022 at a glance
INVESTOR PRESENTATION | Q1-2022 Update Q1-2022 at a glance 04 Revenue growth Key Highlights curbing cost inflation effect + building up market • High single digit revenue growth presence for coming years • Yogurt total sales +8.6% in value and +5.7% in volume. • Ice-cream in Greece not contributing
Slide 5: Segment review Yogurt Exports
INVESTOR PRESENTATION | Q1-2022 Update Segment review Yogurt Exports 05 15,0 Key Highlights 13,0 • Double digit sales growth at +15.4% in Q1 2,11 +17% for the 5-months 0,42 Sales EBIT • Italy up 21,1%, UK +8,8% Q1-2022 Q1-2021 • Sweden, Germany, Austria doing well Sales +15.4% EBIT -80.1% Margin -13
Slide 6: Segment review Yogurt Greece
INVESTOR PRESENTATION | Q1-2022 Update Segment review Yogurt Greece 06 Key Highlights 12,2 12,1 Sales +1.4% • Declining domestic overall market: 0,79 1,83 EBIT -56.9% -6.8% (value), -11.3% (volume) Margin -8.7pp Recovering trend Sales EBIT Q1-2022 Q1-2021 • Kri-Kri achieved: +1.4% growth in Q1 Winni
Slide 7: Segment review Ice cream
INVESTOR PRESENTATION | Q1-2022 Update Segment review Ice cream 07 Q1 is not representative because of seasonality Key Highlights • In Q1, no contribution (due to poor weather) from Greece SALES 5M.2022 • Negative EBIT, expected to recover vigorously in the next +8% y-o-y quarters • Q1 sales to move
Slide 8: Input costs
INVESTOR PRESENTATION | Q1-2022 Update Input costs 08 Key Highlights Price Indices 14.4% 140 131 • High input cost inflation 130 • 3 rounds of price increases +10% • Sufficient pricing power 120 +7% 110 • Price increases offset a large part of +3% the losses resulted from higher input 100 costs 90 •
Slide 9: Profitability prospects
INVESTOR PRESENTATION | Q1-2022 Update Profitability prospects 09 2022: Mid-term: • We expect a stress in our margins, the extent of 14.4% • We expect much of this higher selling price which will depend on the time the inputs prices level to be maintained after inputs prices deescalate calm down • T
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