Presentation Transcript
Board Meeting 22 July 2009 :Board Meeting 22 July 2009
Financial Performance Half Year 2009 :Financial Performance Half Year 2009
Slide 3:Grand Mills (AED’ MM) Volume growth of 17% net of the decline in pricing results to 8% top line growth.
Easing of Wheat prices transcends to higher GP/NP. Competition prices drags Feed GP/NP down.
Slide 4:Flour (AED’ MM) Increase in sales volume and durable prices to customers yielded a 9% growth in Net Sales.
Decline in Wheat prices resulted into higher GP/NP.
Slide 5:Feed (AED’ MM) Volume growth has been partially offset by drop in prices impacting top line growth to 6%.
Average 13% decline in prices.
Slide 6:Water and Beverages (AED’MM) Strong growth of 43% in Net Sales – Water volume grew by 24%.
Higher expenses due to new business launches and full year impact of infrastructure cost.
Slide 7:Al Ain Vegetable (AED’ MM) Business is in early stage of setting its market position. Reason for lower GP - Budget
Sales Volume (7.1)
Sales Price (9.8)
Total Sales Variance (16.9)
Cost price 1.7
Cost volume 7.3
Total Cost Variance 9.0
Total GP Variance (7.9)
Slide 8:Agthia (AED’ MM)
Slide 9:Agthia excl. new businesses (AED’ MM)
Slide 10:Cashflow (AED’ MM)
Slide 11:Directors’ Report
Slide 12:Directors’ Report (continued)
Slide 13:Directors’ Report (continued)
Slide 14:Directors’ Report (continued)
Slide 15:Balance Sheet (AED’ MM)
Slide 16:Average Working Capital (AED’ MM)
End :End
Slide 18:Growth in NS and NP (AED’ MM)