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Finsbury Food Group (FRA:GYZ) Gross Margin % : 30.37% (As of Jun. 2023)


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What is Finsbury Food Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Finsbury Food Group's Gross Profit for the six months ended in Jun. 2023 was €78.9 Mil. Finsbury Food Group's Revenue for the six months ended in Jun. 2023 was €259.7 Mil. Therefore, Finsbury Food Group's Gross Margin % for the quarter that ended in Jun. 2023 was 30.37%.


The historical rank and industry rank for Finsbury Food Group's Gross Margin % or its related term are showing as below:

FRA:GYZ' s Gross Margin % Range Over the Past 10 Years
Min: 27.42   Med: 30.96   Max: 32.88
Current: 30.05


During the past 13 years, the highest Gross Margin % of Finsbury Food Group was 32.88%. The lowest was 27.42%. And the median was 30.96%.

FRA:GYZ's Gross Margin % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 25.19 vs FRA:GYZ: 30.05

Finsbury Food Group had a gross margin of 30.37% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Finsbury Food Group was 0.60% per year.


Finsbury Food Group Gross Margin % Historical Data

The historical data trend for Finsbury Food Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Finsbury Food Group Gross Margin % Chart

Finsbury Food Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.27 31.16 32.88 32.41 30.05

Finsbury Food Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.68 31.58 33.13 29.68 30.37

Competitive Comparison of Finsbury Food Group's Gross Margin %

For the Packaged Foods subindustry, Finsbury Food Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Finsbury Food Group's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Finsbury Food Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Finsbury Food Group's Gross Margin % falls into.



Finsbury Food Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Finsbury Food Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=144.9 / 482.172
=(Revenue - Cost of Goods Sold) / Revenue
=(482.172 - 337.289) / 482.172
=30.05 %

Finsbury Food Group's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=78.9 / 259.657
=(Revenue - Cost of Goods Sold) / Revenue
=(259.657 - 180.807) / 259.657
=30.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Finsbury Food Group  (FRA:GYZ) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Finsbury Food Group had a gross margin of 30.37% for the quarter that ended in Jun. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Finsbury Food Group Gross Margin % Related Terms

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Finsbury Food Group (FRA:GYZ) Business Description

Traded in Other Exchanges
N/A
Address
Maes-y-coed Road, Cardiff, GBR, CF14 4XR
Finsbury Food Group PLC is a United Kingdom-based bakery manufacturer. The company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. Its segments include UK bakery and Overseas. most of its revenue is generated from its UK bakery segment. Geographically the company operates in the United Kingdom; Europe; and Rest of the world and it earns most of its revenue from United Kingdom segment. Finsbury Food offers products like rolls, artisan bread, hot cross buns, muffins and morning pastries for both the retail and foodservice sectors.

Finsbury Food Group (FRA:GYZ) Headlines

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