Atria Oyj — Management Reports 2021

Apr 28, 2021

Changes in Atria Plc's group structure and segment reporting as of 1 January 2021

Changes in Atria Plc's group structure and segment reporting as of 1 January 2021

Company announcement 28 April 2021, at 11.00 am
Changes in Atria Plc's group structure and segment reporting as of 1 January
2021
In February 2021, Atria entered into an agreement to sell its Russian subsidiary
OOO Pit-Product. The sales agreement does not include Atria Russia's other
subsidiary, Sibylla Rus, which conducts fast food business in Russia.
Following the sale of OOO Pit-Product, Atria Russia does not form an independent
business area and is therefore not a reportable segment. As a result, Atria
Group's operational structure and financial reporting will be changed. Sibylla
Rus is reported as part of Atria Sweden's segment, which includes most of the
Sibylla business. OOO Pit-Product's turnover in 2021 and result is reported
unallocated. The change will be implemented in reporting as of January 1, 2021.
Atria has estimated that the divestment will take place during the first half of
2021.
As of 1 January 2021, Atria Group's reportable segments are:
- Atria Finland
- Atria Sweden
- Atria Denmark & Estonia

Reported
segments
2020:

               Q1      Q2       Q3      Q4

EUR million 2020 2020 2020 2020 2020
Revenue from
consumer
goods
Atria 193.1 205.3 205.8 219.1 823.2
Finland
Atria Sweden 71.5 71.7 79.4 78.2 300.8
Atria 26.0 26.3 26.4 26.0 104.7
Denmark &
Estonia
Atria Russia 16.1 13.3 19.6 17.6 66.7
Eliminations -10.0 -8.6 -9.6 -8.4 -36.6
Total 296.7 308.0 321.6 332.6 1,258.9

Revenue from
primary
products
Atria 59.6 57.8 60.3 65.5 243.1
Finland
Atria Sweden - - - - -
Atria 0.5 0.6 0.5 0.5 2.1
Denmark &
Estonia
Atria Russia - - - - -
Total 60.0 58.3 60.8 66.0 245.2

Net sales 356.7 366.3 382.4 398.6 1,504.0
total

EBIT
Atria 6.2 7.3 15.2 14.4 43.1
Finland
Atria Sweden -2.1 -2.1 1.4 0.7 -2.0
Atria 0.3 1.1 2.1 1.7 5.3
Denmark &
Estonia
Atria Russia -1.3 -1.4 0.9 -1.0 -2.9
Unallocated -0.9 -0.7 -0.6 -0.7 -3.0
Total 2.2 4.1 19.0 15.1 40.5

Investments
Atria 8.1 7.8 5.2 9.6 30.6
Finland
Atria Sweden 2.5 2.9 1.6 3.4 10.4
Atria 0.5 0.6 0.9 1.3 3.4
Denmark &
Estonia
Atria Russia 0.8 0.2 0.1 0.1 1.2
Total 11.9 11.5 7.8 14.4 45.6

Depreciation
and write
-offs
Atria 8.9 8.7 8.8 9.4 35.8
Finland
Atria Sweden 2.8 2.8 2.9 2.9 11.4
Atria 1.1 1.1 1.1 1.2 4.6
Denmark &
Estonia
Atria Russia 1.2 1.1 1.0 1.6 4.9
Total 14.0 13.8 13.7 15.1 56.7

Information
presented in
the
financial
statements
2020:
Atria
Operating Atria Atria Denmark Atria Unallo- Elimi- Group
segments &
Year 2020 Finland Sweden Estonia Russia cated nations total
Net sales
Revenue from
consumer 807.5 283.3 101.4 66.7 1,258.9
goods
Revenue from
primary 243.1 2.1 245.2
products
Revenue from
companies
within the 15.7 17.5 3.3 -36.6 0.0
group
Total net 1,066.3 300.8 106.8 66.7 0.0 -36.6 1,504.0
sales

EBIT 43.1 -2.0 5.3 -2.9 -3.0 40.5

Assets 523.2 273.5 103.0 73.7 -33.8 939.5
Liabilities 295.1 165.7 40.6 33.1 -33.8 500.7

Comparable
quarterly
segment
reporting
data
according to
revised
segments:

               Q1      Q2         Q3       Q4

EUR million 2020 2020 2020 2020 2020
Revenue from
consumer
goods
Atria 193.1 205.3 205.8 219.1 823.2
Finland
Atria Sweden 78.0 78.3 90.8 85.1 332.2
Atria 26.0 26.3 26.4 26.0 104.7
Denmark &
Estonia
Unallocated 13.7 10.2 14.0 14.0 51.8
Eliminations -14.1 -12.1 -15.4 -11.5 -53.0
Total 296.7 308.0 321.6 332.6 1,258.9

Revenue from
primary
products
Atria 59.6 57.8 60.3 65.5 243.1
Finland
Atria Sweden - - - - -
Atria 0.5 0.6 0.5 0.5 2.1
Denmark &
Estonia
Unallocated - - - - -
Total 60.0 58.3 60.8 66.0 245.2

Net sales 356.7 366.3 382.4 398.6 1,504.0
total

EBIT
Atria 6.2 7.3 15.2 14.4 43.1
Finland
Atria Sweden -1.8 -1.6 3.0 1.2 0.8
Atria 0.3 1.1 2.1 1.7 5.3
Denmark &
Estonia
Unallocated -2.6 -2.7 -1.3 -2.2 -8.7
Total 2.2 4.1 19.0 15.1 40.5

Investments
Atria 8.1 7.8 5.2 9.6 30.6
Finland
Atria Sweden 3.2 2.9 1.7 3.4 11.2
Atria 0.5 0.6 0.9 1.3 3.4
Denmark &
Estonia
Unallocated 0.0 0.2 0.1 0.1 0.3
Total 11.9 11.5 7.8 14.4 45.6

Depreciation
and write
-offs
Atria 8.9 8.7 8.8 9.4 35.8
Finland
Atria Sweden 3.3 3.3 3.3 3.3 13.1
Atria 1.1 1.1 1.1 1.2 4.6
Denmark &
Estonia
Unallocated 0.7 0.7 0.6 1.3 3.2
Total 14.0 13.8 13.7 15.1 56.7

Information
presented in
the
financial
statement
in
accordance
with the
revised
segment
reporting:
Atria
Operating Atria Atria Denmark & Unallo- Elimi- Group
segments
Year 2020 Finland Sweden Estonia cated nations total
Net sales
Revenue from
consumer 807.5 315.0 101.4 35.0 1,258.9
goods
Revenue from
primary 243.1 2.1 245.2
products
Revenue from
companies
within the 15.7 17.1 3.3 16.8 -53.0 0.0
group
Total net 1,066.3 332.2 106.8 51.8 -53.0 1,504.0
sales

EBIT 43.1 0.8 5.3 -8.7 40.5

Assets 523.2 281.2 103.0 66.7 -34.5 939.5
Liabilities 295.1 168.1 40.6 31.5 -34.5 500.7

For more information, please contact Juha Gröhn, CEO of Atria Plc, tel. +358 400
684 224.
ATRIA OYJ
Juha Gröhn
CEO
DISTRIBUTION
Nasdaq Helsinki Oy
Major media
www.atria.com