DECEMBER 2017 QUARTERLY REPORT AND APPENDIX 4C Yowie achieves...

DECEMBER 2017 QUARTERLY REPORT AND APPENDIX 4C  


Yowie achieves 23% higher global net sales in Q2 FY18


Yowie Group LTD (ASX: YOW, OTC ADR: YWRPY) (the “group” or “Yowie”) advises that for the quarter ending 31 December 2017, the group has delivered net sales growth of 23% versus the previous corresponding period (pcp).

Q2 Highlights

• Global net sales up 23% versus pcp.
• Accelerating increase in US distribution – more than 15,000 additional outlets in Q3/4.
• Social media for Series 3 US launch exceeded expectations – 119m on line impressions vs 95m target.
• Gross margins over 50% and strong closing cash balance $22.7m.
• Focus on efficiency, manufacturing costs, packaging and supply chain issues follow recent stock
  adjustment and revised growth outlook (as previously announced to ASX).
• FY18 Sales guidance affirmed (+17% vs pcp) with focus on accelerating growth in existing markets,
  careful expansion into new markets and a more competitive proposition for distributors and retailers.
  *Note: All figures are unaudited and quoted in USD unless otherwise specifically stated. Results and FY18 net sales guidance exclude the $1.95m stock adjustment claim as announced to ASX on 12 January 2018.