AS PRFoods' unaudited preliminary consolidated turnover of the 3rd quarter and 9 months of the 2021/2022 financial year

“PRFoods' unaudited preliminary consolidated turnover in the 3 ndquarter of the financial year 2021/2022 amounted to 7.87 million euros and unaudited consolidated turnover for the nine months was 37.17 million euros. In terms of separate activities, the Swedish fishfarming showed an increase in turnover, where the sales of round fish and roe accounted for 16.5% or 1.3 million euros of the turnover in the third quarter.The sale of Heimon Kala Oy was completed during the reporting period,...

“PRFoods' unaudited preliminary consolidated turnover in the 3^nd quarter of the financial year 2021/2022 amounted to 7.87 million euros and unaudited consolidated turnover for the nine months was 37.17 million euros. In terms of separate activities, the Swedish fishfarming showed an increase in turnover, where the sales of round fish and roe accounted for 16.5% or 1.3 million euros of the turnover in the third quarter.

The sale of Heimon Kala Oy was completed during the reporting period, which explains the decrease in turnover in the 3^rd quarter and 9 months of the current financial year, therefore why a comparison of turnover with previous periods shows a distorted picture and does not provide a thorough overview of the group's structure of turnover. In connection with the sale of the Finnish unit, ie based on the above, we will reflect in future the sales turnover by geographical target markets and activities, which are processing and fishfarming.”

Unaudited preliminary consolidated turnover of the 3^rd quarter and 9 months by products group

Turnover by product groups, mln EUR	3Q 21/22	3Q 20/21	Change, EUR	Change, %
Fresh fish and fillets	0.92	6.56	-5.64	-85.9%
Smoked products	5.24	5.87	-0.63	-10.8%
Other fish products	1.70	1.75	-0.05	-2.9%
Other revenue	0.01	0.01	0.00	0.0%
Total	7.87	14.19	-6.32	-44.5%

Turnover by product groups, mln EUR	9m 21/22	9m 20/21	Change, EUR	Change, %
Fresh fish and fillets	9.67	16.16	-6.49	-40.1%
Smoked products	20.68	20.14	0.54	2.6%
Other fish products	6.80	7.64	-0.84	-11.0%
Other revenue	0.02	0.01	0.01	60.0%
Total	37.17	43.95	-6.78	-15.4%

Unaudited preliminary consolidated turnover of the 3^rd quarter and 9 months by client group

Turnover by client groups, mln EUR	3Q 21/22	3Q 20/21	Change, EUR	Change, %
Retail chains	4.05	8.06	-4.01	-49.8%
Wholesale	1.31	3.13	-1.82	-58.1%
HoReCa	1.17	2.02	-0.85	-42.0%
Other revenue	1.34	0.98	0.36	36.0%
Total	7.87	14.19	-6.32	-44.6%

Turnover by client groups. mln EUR	9m 21/22	9m 20/21	Change. EUR	Change. %
Retail chains	17.93	25.20	-7.27	-18.7%
Wholesale	8.01	8.27	-0.26	25.7%
HoReCa	7.43	8.00	-0.57	6.6%
Other revenue	3.80	2.48	1.32	64.4%
Total	37.17	43.95	-6.78	-1.6%

Unaudited preliminary consolidated turnover of the 3^rd quarter and 9 months by countries

Turnover by countries, mln EUR	3Q 21/22	3Q 20/21	Change, EUR	Change, %
Finland	3.05	8.86	-5.81	-65.6%
Great Britain	2.39	1.91	0.48	25.1%
Latvia	0.44	1.26	-0.82	-65.6%
Estonia	0.78	0.60	0.18	31.8%
Other countries	1.21	1.56	-0.35	-22.6%
Total	7.87	14.19	-6.32	-44.5%

Turnover by countries. mln EUR	9m 21/22	9m 20/21	Change. EUR	Change. %
Finland	19.86	27.67	-7.81	-28.3%
Great Britain	8.29	6.66	1.63	24.4%
Estonia	3.15	3.08	0.07	2.2%
Latvia	0.59	2.51	-1.92	-76.7%
Other countries	5.28	4.03	1.25	31.6%
Total	37.17	43.95	-6.78	-15.4%

Indrek Kasela
AS PRFoods
Member of the Management Board
Phone: +372 452 1470
[email protected]
www.prfoods.ee