Carr's Group plc

Preliminary Results Presentation

December 2021

Highlights

Peter Page - Executive Chairman

Highlights

£417.3m

£16.6m

£(10.0m)

5.0p

+5.5%

+11.1%

Reduction of £8.9m

+5.3%

Revenue

Adjusted PBT

Net debt

Total Dividend

491kt

162kt

£38.8m

2.03

+2.6%

+12.3%

+15.9%

Down from 3.76 in FY20

Total feed

Feed blocks / minerals

Engineering order book

Injury frequency rate

3

Highlights

  • Results ahead of Board's improved expectations set out in 19 July trading update
  • Substantial increase in profitability of both Agriculture divisions:
    • Strong performance in Speciality Agriculture assisted by livestock prices in the UK and USA
    • Successful year in Agricultural Supplies with feed volumes, machinery revenues, and retail sales all improved
  • Engineering adjusted profits marginally higher, despite lower oil prices and COVID-19 impacting in Q1
  • Year end Engineering order book 15.9% higher than prior year
  • Strong cashflow performance ending the year with a robust balance sheet
  • Board remains confident in prospects of all three divisions

4

Financial and Operational

Review

Neil Austin - Chief Financial Officer

5

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Disclaimer

Carr's Group plc published this content on 07 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2021 11:31:09 UTC.