Kerry Group Plc · EURONEXT:KRZ
Kerry — Q1 2019 Earnings Presentation
10 slides from Kerry's earnings presentation, May 2, 2019
Slide 1: Q1 2019 Interim Management Statement
Q1 2019 Interim Management Statement 2 MAY 2019
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: Q1 2019 IMS: Overview, Performance Review, Outlook
Q1 2019 IMS 1 Overview Performance 2 Review 3 Outlook Edmond Scanlon, Chief Executive Marguerite Larkin, Chief Financial Officer © Kerry Group 2019 | 3
Slide 4: Overview – Solid Start to the Year
Q1 2019 Overview – Solid Start to the Year • Volume growth – continued strong market outperformance Highlights • Portfolio enhancement – continued evolution aligned to consumer preferences • Acquisitions – performed very well, good progress on integration • Developed – key innovation drivers: ‘food
Slide 5: Highlights – Consistent Performance
Q1 2019 Highlights – Consistent Performance • Volume growth +3.3% Volume Growth • Taste & Nutrition +3.8% • Consumer Foods +0.8% 3.8% 3.3% • Pricing (0.2%) • Group trading margin +10bps • Taste & Nutrition +10bps • Consumer Foods (10 bps) 0.8% • Net debt of €1.9bn T&N Foods Group © Kerry Group 2019
Slide 6: Revenue Growth Analysis
Revenue Growth Analysis Q1 2018 Q1 2019 10.3% Volume Volume 3.3% 3.6% Translation Transaction Acquisitions/ Price currency currency disposals 2.5% 0.0% (0.2%) 4.7% © Kerry Group 2019 | 6
Slide 7: Business Review – Taste & Nutrition
Business Review – Taste & Nutrition YTD Growth YTD Growth by Region 1 1 Revenue +3.8% 9.3% Trading margin +10bps • Continued volume growth ahead of our markets • Meat, Snacks and Dairy EUMs all delivered strong growth 3.8% 2.6% 2.4% • Developing Markets volume growth of 9.0% and Foodservice volume g
Slide 8: Business Review – Consumer Foods
Business Review – Consumer Foods YTD Growth 1 Revenue +0.8% Trading margin (10bps) • Solid volume growth with brands performing well and private label challenged • Trading margin reflecting Brexit risk mitigation costs • Realignment for growth programme progressing to plan • Food to Go range expande
Slide 9: Outlook 2019
Outlook 2019 • Continue to outperform our markets • Taste & Nutrition: strong innovation pipeline and good growth prospects, as we continue to evolve our unique business model aligned to the changing market landscape • Consumer Foods: building on strategy – realigning core and investing in adjacenci
Slide 10: Q1 2019 Interim Management Statement
Q1 2019 Interim Management Statement 2 MAY 2019