Kerry Group Plc · EURONEXT:KRZ
Kerry — Q3 2019 Earnings Presentation
12 slides from Kerry's earnings presentation, Nov 6, 2019
Slide 1: Q3 2019 IMS
Q3 2019 IMS 6 November 2019 KERRY
Slide 2: Q3 IMS
Q3 IMS 1 Overview Performance 2 Review 3 Outlook Edmond Scanlon, Chief Executive Officer Marguerite Larkin, Chief Financial Officer
Slide 3: 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 4: Overview – Continued Delivery and Strategic Development
Overview – Continued Delivery and Strategic Development Continued Strategic Acquisition Developing Market Outperformance Progress Growth & Expansion Consistent volume- Integration progressing to plan, Continued strong growth, driven performance with further acquisitions in with further technology ah
Slide 5: Q3 YTD 2019 Performance
Q3 YTD 2019 Performance Volume growth +3.1% • Taste & Nutrition +3.9% • Consumer Foods -0.7% (excluding contract exit +0.6%) Pricing of -0.1% Group trading margin +20bps • Taste & Nutrition +20bps • Consumer Foods maintained © Kerry 2019 | 5 |
Slide 6: Revenue Growth Analysis
Revenue Growth Analysis Q3 YTD Q3 YTD 2018 2019 10.0% Volume Volume 3.1% 3.6% Translation Acquisitions/ Price currency disposals 2.3% (0.1%) 4.7% © Kerry 2019 | 6 |
Slide 7: Business Review – Taste & Nutrition
Business Review – Taste & Nutrition Q3 YTD Growth 1 Revenue +3.9% Trading margin +20bps Continued volume growth ahead of our markets: Taste & Nutrition • Meat, Snacks and Beverage EUMs had good growth End Use Markets 2 • Nutrition and wellbeing portfolio performed strongly • Developing markets +9.5%
Slide 8: Taste & Nutrition – Business Growth by Region
Taste & Nutrition – Business Growth by Region Volume Growth by Region Americas Europe APMEA 9.9% +2.6% +2.3% +9.9% • North America – Meat and • Beverage, Meat and Snacks • Meat, Beverage and Snacks Snacks EUMs delivered EUMs delivered good growth EUMs delivered strong growth good growth 2.6% • North
Slide 9: Business Review – Consumer Foods
Business Review – Consumer Foods Everyday Fresh • Richmond – good growth in chilled Q3 YTD 2019 while frozen challenged 1 • Spreadable butter - continued to Revenue -0.7% outperform challenged category Trading margin 0bps • Overall volume performance was muted reflective of a subdued marketplace in
Slide 10: Other Financial Matters
Other Financial Matters Kerryconnect North American deployment commenced Raw Materials Overall input costs flat Currency Forecast 2-3% tailwind to EPS on translation Net Debt €2.0bn at period end © Kerry 2019 | 10 |
Slide 11: 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 12: Q3 2019 IMS
Q3 2019 IMS 6 November 2019 KERRY