Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the...
Transcript of Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the...
![Page 1: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/1.jpg)
Seafood CLG Brexit Special
OR ?
![Page 2: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/2.jpg)
Brussels June 22nd: A picture of European cooperation & harmony
![Page 3: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/3.jpg)
June 23rd: During the day nervous optimism
![Page 4: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/4.jpg)
And as the vote came in things looked good…
+£4M
![Page 5: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/5.jpg)
…however- woke up to bad news
-£8M
![Page 6: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/6.jpg)
2 weeks on the downside had crystallised…
-£10M X3.5
![Page 7: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/7.jpg)
…and despite best efforts no viable TV career change
![Page 8: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/8.jpg)
Mike detailed the clear challenges facing us all…
Sterling Weakness
Tariffs & Trade Barriers
Labour Availability
![Page 9: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/9.jpg)
…but we needed to snap out of our depression & denial
![Page 10: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/10.jpg)
Everybody is in the same boat…
![Page 11: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/11.jpg)
…and not just within our industry
![Page 12: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/12.jpg)
My Brexit 3 C’s!..............
Consumer
Category
Currency
![Page 13: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/13.jpg)
There is a significant opportunity for fish
X2 per Week Every 20 days
![Page 14: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/14.jpg)
Challenge for us is to create value & not just pass on cost
![Page 15: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/15.jpg)
We need to persuade people to prioritise their spend on our products!
V
![Page 16: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/16.jpg)
Commodity categories can be reframed
45p/L £3.38/L 80p/L £3.60/L
![Page 17: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/17.jpg)
Finally…. Especially for us in the food industry, Brexit has reminded us of the importance of our people
![Page 18: Seafood CLG Brexit Special · BRITAIN? Sun DECIDES iFAPuAGEtONCEDES TO REMAIN MAD 'Queues at the polling stations in big . But voting hit by pentas roa floods in South BMG's Final](https://reader033.fdocuments.in/reader033/viewer/2022042100/5e7d206187908213f9243545/html5/thumbnails/18.jpg)
So… If Brexit forces us to create category value, focus on our consumers & look after our people then it can’t all be bad