Business description: Thai Union Group

Thai Union Group Public Company Limited is a Thailand-based company. The principal activities of the Company and its Thai subsidiaries are the manufacture and sale of frozen, chilled and canned seafood. The Company’s segment includes ambient seafood, frozen and chilled seafood and related businesses, pet food, and value-added and other businesses. The Company’s subsidiaries are also engaged in packaging, printing, pet food, food ingredients and food supplemental businesses. Its subsidiaries in the United States distribute pet food, lobster, and other seafood products and import shrimp and other frozen seafood products for sale to restaurant chains, retailers and wholesalers. Its subsidiaries in Europe manufacture and distribute ambient and chilled seafood products to countries in Europe, the United States and Australia under their trademarks. Its subsidiaries in Asia manufacture and distribute seafood in Vietnam and China. The Company has 17 branches in Bangkok and Samutsakorn.

Number of employees: 14,319

Sales by Activity: Thai Union Group

Fiscal Period: December20202021202220232024

Ambient Seafood Business

76.57B 70.12B 82.45B 76.03B 81.52B

Frozen and Chilled Seafood and Related Business

54.05B 63.82B 63.2B 51.41B 46.13B

Pet Food Business

- - 26.44B 18.6B 21.87B

Pet Food, Value-Added and Other Businesses

26.18B 32.28B - - -

Value-Added and Other Business

- - 17.89B 17.21B 18.26B

Eliminations

-24.41B -25.17B -34.4B -27.1B -29.36B
See all business segments

Geographical breakdown of sales: Thai Union Group

Fiscal Period: December20202021202220232024

US

55.44B 60.76B 66.49B 53.87B 52.24B

Europe

38.36B 39.93B 40.96B 40.29B 41.49B

Others

18.26B 18.62B 22.77B 18.15B 21.66B

Thailand

13.3B 14.59B 16.4B 15.68B 15.23B

Japan

7.03B 7.16B 8.96B 8.16B 7.82B
See all geographic segments

Executive Committee: Thai Union Group

Manager TitleAgeSince
Chief Executive Officer 58 09/03/2014
Director of Finance/CFO 46 -
Compliance Officer 40 08/08/2021
Compliance Officer 57 -
Investor Relations Contact - -
See THAI UNION GROUP governance

Composition of the Board of Directors: Thai Union Group

Director TitleAgeSince
Director/Board Member 62 04/01/1998
Director/Board Member 68 21/03/2010
Chairman 67 07/08/2022
Director/Board Member 48 29/04/2001
Chairman 58 -
Chairman 82 -
Director/Board Member 65 02/04/2015
Director/Board Member 55 09/05/2021
Director/Board Member 53 08/08/2021
Director/Board Member - 02/05/2023
Composition of the Board of Directors

Shareholders: Thai Union Group

NameEquities%Valuation
7.265 %
323,651,900 7.265 % 99 M ฿
5.938 %
264,533,964 5.938 % 81 M ฿
5.359 %
238,745,120 5.359 % 73 M ฿
4.499 %
200,442,084 4.499 % 61 M ฿
Social Security Office of Thailand
2.804 %
124,917,608 2.804 % 38 M ฿
NameEquities%Valuation
State Street Global Advisors Ltd.
0.1686 %
7,510,948 0.1686 % 2 M ฿
Russell Investments Ltd.
0.0585 %
2,605,073 0.0585 % 793 557 ฿
RAM Active Investments SA
0.0567 %
2,526,400 0.0567 % 769 592 ฿
Mercer Global Investments Europe Ltd.
0.0225 %
1,002,000 0.0225 % 305 229 ฿
Momentum Global Investment Management Ltd.
0.0183 %
814,800 0.0183 % 248 204 ฿
NameEquities%Valuation
Nordea Investment Management AB
0.3062 %
13,643,000 0.3062 % 4 M ฿
West Yorkshire Pension Fund
0.0702 %
3,126,997 0.0702 % 933 502 ฿
Carne Global Fund Managers (Schweiz) AG
0.0266 %
1,185,200 0.0266 % 353 818 ฿
Storebrand Asset Management AS
0.0241 %
1,072,300 0.0241 % 320 114 ฿
Indecap Fonder AB
0.0105 %
466,004 0.0105 % 139 116 ฿
List of THAI UNION GROUP shareholders

Holdings: Thai Union Group

NameEquities%Valuation
2,364,659,681 78.82% 864,401,346 $
32,985,456 24.21% 325,595,148 $
323,651,900 7.26% 98,590,842 $
510,000,150 51% 74,883,322 $
200,000,000 10% 26,564,000 $

Company details: Thai Union Group

Thai Union Group Public Co. Ltd.

72/1 Moo 7, Sethakit 1 Road Tarsrai Sub-district

74000, Samut Sakhon

+66 3 481 6500

http://www.thaiunion.com
address Thai Union Group(TU)

Group companies: Thai Union Group

NameCategory and Sector
Food: Meat/Fish/Dairy
Food: Specialty/Candy
Food: Meat/Fish/Dairy
See all subsidiaries

Seafood Product Preparation & Packaging

Change 5d. change 1-year change 3-years change Capi.($)
-1.65%-10.50%-41.12%-48.56% 1.08B
+0.74%-0.26%+0.69%-20.81% 9.68B
+0.18%-5.30%-27.78%-37.77% 5.78B
+1.41%+2.00%-1.58%-33.67% 2.68B
+1.41%-0.32%+6.93%-19.90% 1.85B
-2.39%+4.64%+4.14%+59.03% 1.86B
+2.16%+2.58%+52.13%+20.56% 1.39B
-0.80%-3.88%-21.02% - 822M
-0.39%-8.96%+10.43%+17.59% 695M
-1.16%-5.03%+25.46%-39.39% 540M
Average -0.05%-1.87%+0.83%-11.44% 2.64B
Weighted average by Cap. +0.37%-1.63%-4.00%-18.38%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
14
Last Close Price
8.950THB
Average target price
10.92THB
Spread / Average Target
+21.96%
Consensus

Quarterly revenue - Rate of surprise

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