FARM PRIDE FOODS LIMITED r personal use only
Farm Pride Foods Ltd
2021 AGM
CEO Presentation
"Shifting Focus"
22nd November, 2021
Presented By: Daryl BIRD, CEO, Farm Pride Foods Ltd
only | |
Disclaimer | |
This presentation dated 22nd November 2021 provides additional comment on the Annual Report for the 12 months ended 30 June 2021 of Farm | |
Pride Foods Ltd Limited (The 'Company') and accompanying information released to the market. As such, it should be read in conjunction with | |
the explanations and views in those documents. | |
This presentation is provided for general information purposes only. The information contained in this presentation is not intended to be relied | |
upon as advice to investors and does not take into account the investment objectives, financial situation or needs of any particular investor. | |
use | Investors should assess their own individual financial circumstances and consider talking to a financial adviser or consultant before making any |
investment decision. | |
This presentation is not a prospectus, investment statement or disclosure document. | |
Certain statements in this presentation constitute forward looking statements. Such forward looking statements involve known and unknown | |
risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause | |
actual results, performance or achievements to differ materially from those expressed or implied by such statements. | |
While all reasonable care has been taken in relation to the preparation of this presentation, none of the Company, its subsidiaries, or their | |
respective directors, officers, employees, contractors or agents accepts responsibility for any loss or damage resulting from the use of or reliance | |
on this presentation by any person. | |
Past performance is not indicative of future performance and no guarantee of future returns is implied or given. | |
personalr | Some of the information in this presentation is based on unaudited financial data which may be subject to change. |
Farm Pride | CEO Presentation AGM 2021 | |
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SHIFTING FOCUS
Agenda
only | • | Industry overview |
Industry | ||
COVID | ||
use | Navigating change | |
• Farm Pride Foods Ltd FY21 Results | ||
• The 3 year journey so far and matters | ||
personalr | subsequent | |
• | FY22 outlook | |
Environmental, Social and Governance (ESG)
3 Farm Pride | CEO Presentation AGM 2021
SHIFTING FOCUS
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Industry overview
Industry overview | |
use only | Key industry metrics |
personalr |
• Industry growth steady at 0.3%, but impacted since COVID, growth outlook disrupted.
• Profit decline driven by lower margins in shell eggs.
• Supermarket retailers represent approx. 63% of industry sales.
• Cage share of industry declining and will accelerate in FY23 when supermarkets ramp up cage free transition.
• Barn laid eggs will replace cage volumes plus more and be a significant segment in category - barn laid the new cage and low cost entry point on shelves for consumers.
• Free Range eggs growing, but focus will be on barn laid - still FR opportunities.
Source: IBIS World Egg Farming in Australia Report April 2021
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Share of category by egg type
Source: IBIS World Egg Farming in Australia Report April 2021
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Farm Pride Foods Ltd. published this content on 22 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2021 03:13:06 UTC.
