HKScan

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Focus: Trade restrictions hitting Russian outlook

In a period of escalating international tensions, Russia is turning to the use of trade restrictions as a political weapon. This adds a laye...

Latest Interviews

ANUGA 2013: HKScan focused on driving brands 11 Oct 2013

Katy Askew

Scandinavian meat group HKScan plans to focus on product development and brand building in order to grow the proportion of sales it generates from added value products. Katy Askew spoke to Magnus Sjohlm, VP of business development, at this year's Anuga to find out more about the company's new-found focus on NPD.


CEO: "Low performance" HKScan's greatest challenge 26 Sep 2013

Katy Askew

Scandinavian meat-to-convenience foods group HKScan has downgraded its operating profit forecast for 2013 today. While the company has delivered on the turnaround plan it unveiled last year, it said export pressures and a shift in its product mix would hit EBIT. Nevertheless, CEO Hannu Kottonen insists HKScan will continue to drive operational improvements in the coming 12 months.

Latest News

Disposal helps profits but HKScan sales down 6 Aug 2014

Hannah Abdulla

The sale of HKScan's shares in a venture in Poland helped grow the Finland-based meat processor's first-half profits but the company saw revenues fall in the six months to the end of June.


HKScan restructuring to hit management jobs 6 Aug 2014

Hannah Abdulla

HKScan has announced it is to make job cuts as it plans to restructure its domestic business.


HKScan cuts FY operating profit forecast 16 Jun 2014

Dean Best

Weaker-than-expected demand has led Finland-based meat group HKScan to warn its underlying operating profit will not reach the level it had hoped in 2014.


HKScan Q1 marked by weak demand 7 May 2014

Katy Askew

HKScan has booked a drop in first-quarter operating earnings as cost savings failed to offset weak demand and price pressure.


Swedish firms commit to 100% "responsible" soy 24 Apr 2014

Dean Best

Over 20 Swedish food companies have signed a commitment to only use "responsible" soy by the end of next year.

Latest blogs

Brussels hits out at Russia's ongoing ban on EU pork imports 27 Jun 2014

Dean Best

Moscow's decision to ban EU shipments of pork products entering Russia is "clearly disproportionate, discriminatory and not based on science", Brussels said today (30 June) as it detailed why it had asked the WTO to intervene.

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