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HKScan extends FlodinsFINLAND: HKScan updates group-wide brand strategy

22 April 2014

HKScan, the Finnish meat group, intends to strengthen its group-level branded portfolio in order to drive top-line growth and lower its costs.

FINLAND: HKScan outlines responsible soy sourcing plan

3 April 2014

Finland-based meat supplier HKScan has become a member of the Round Table on Responsible Soy.

ESTONIA: HKScan to merge Estonian businesses

20 March 2014

HKScan has indicated that it plans to merge its two Estonian business units following on from its drive to simplify and streamline its regional operations.

FINLAND: Swedish plant to close as HKScan continues revamp

4 March 2014

Finland-based meat products group HKScan has said a plant in Sweden will close as part of plans to restructure its manufacturing network in the country.

POLAND: HKScan sells shares in Polish JV in Danish Crown

28 February 2014

Nordic meat group HKScan is to sell its half of Polish venture Saturn Nordic Holding to co-shareholder and fellow meat processor Danish Crown.

FINLAND: HKScan FY profit drops on weaker margins

12 February 2014

Finnish meat group HKScan reported lower profitability in 2013 as "headwinds in all market areas" partially offset its turnaround efforts.

SWEDEN: HKScan sells stake in Swedish meats group

3 January 2014

Finland-based food group HKScan has struck a deal to sell its 49% stake in Swedish meat firm Nyhléns & Hugosons Chark.

FINLAND: HKScan returns to black, reaffirms guidance

6 November 2013

Finnish food group HKScan has moved to a profit in the first nine months of the year and reiterated its full-year earnings outlook.

ANUGA 2013: Interview: HKScan focused on driving brands

11 October 2013

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.

Quote, unquote: just-food's week in words

30 September 2013

Sustainability has emerged as something of a theme last week, as just-food set off for the Emerald Isle to attend a sustainability event organised by Ireland's Bord Bia.

Editor's choice: the highlights on just-food last week

30 September 2013

Once again, the dairy and infant formula sectors in Asia-Pacific grabbed the headlines last week. Danone was at the centre of yet more bribery allegations in China. Fonterra - which has had its own scandals this year - published its annual results and said it planned to up its focus on nutrition and on emerging markets. And Australian dairy processor Warrnambool Cheese and Butter Factory turned down a takeover bid fro local peer - and investor - Bega Cheese.

Interview: "Low performance" HKScan's greatest challenge - CEO

26 September 2013

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.

FINLAND: Meat firm HKScan warns on FY operating profit

25 September 2013

HKScan has lowered its operating profit outlook for 2013 due to "longer-than-foreseen" export challenges and downward pressure on pricing at home and overseas.

FINLAND: HKScan to centralise Baltic poultry production in Estonia

23 September 2013

HKScan is to centralise its Baltic poultry production at its renovated Tabasalu facility in Estonia as part of plans to improve operational efficiency in its home markets.

FINLAND: HKScan reaffirms FY, issues mixed H1

9 August 2013

Finnish food group HKScan has reaffirmed its full-year guidance while issuing a mixed first-half performance in what it described as a "challenging" business environment.

FINLAND: Q1 losses narrow at in-transition HKScan

7 May 2013

Finnish food group HKScan, which is in the middle of a restructuring programme, has reported lower quarterly losses and improved underlying EBIT.

FINLAND: HKScan confirms 123 job cuts

6 March 2013

HKScan has confirmed that it will shed 123 jobs at its Finnish operations as part of its restructuring initiative.

FINLAND: HKScan disappointed despite FY profit jump

15 February 2013

Finland-based meat group HKScan booked an increase in profits in 2012 but said the group's performance last year was "below expectations".

FINLAND: HKScan management shake-up to drive "synergies" - CEO

30 January 2013

HKScan has announced management appointments that will strengthen its management team and allow the Finnish meat group to drive synergies, CEO Hannu Kottonen told just-food.

Editor's choice: the highlights on just-food this week

14 January 2013

A swathe of results released by UK retail powerhouses dominated the headlines on just-food this week.

Best bits: Food industry faces structural challenge

14 January 2013

Last week, a number of the challenges facing food manufacturers and retailers were once again thrown into sharp relief. The industry continued to grapple with the cyclical difficulties of a down global economy and weak consumer sentiment. However, a number of structural issues that, in some respects, represent the greater threat are also becoming increasingly evident.

Quote, unquote: just-food's week in words

14 January 2013

The UK's largest listed retailers reported their quarterly results this week, keeping the just-food news desk busy. Tesco, Sainsbury's and Morrisons all be revealed how they performed over the keenly-watched Christmas trading period. Elsewhere, just-food spoke with HKScan CEO Hannu Kottonen following an announcement by the company that it plans to cut up to 295 jobs as part of efforts to streamline its domestic subsidiaries. Struggling US retailer Supervalu also had news this week, with its deal to offload five of its chains to Cerberus Capital Management.

Interview: HKScan CEO Kottonen on restructuring moves

11 January 2013

In a bid to boost profitability, HKScan has embarked on a journey to streamline and simplify its operations. However, this is just one plank of the group's four-prong strategy to improve its performance, HKScan CEO Hannu Kottonen tells just-food.

UPDATE: FINLAND: HKScan plays down production impact from job cuts

7 January 2013

Finland-based meat group HKScan has said its plans to cut up to 295 jobs as part of efforts to streamline its subsidiaries in its home country will not affect production.

FINLAND: HKScan eyes 295 job cuts through streamlining

7 January 2013

Finland-based meat group HKScan plans to cut up to 295 jobs as part of efforts to streamline its subsidiaries in its home country under a cost savings programme announced last week.

Quote, unquote: just-food's week in words

4 January 2013

Despite the week being a shorter one due to the Christmas break, the news has continued to roll in. One deal in particular that has dominated the headlines is Hormel's acquisition of Unilever's Skippy brand. Hormel CEO Jeff Ettinger is confident the deal will allow it to grow its share of the US nuts and spreads category. Elsewhere, just-food spoke with Tyrrells about the firm's export plans, while Dole got analyst tongues wagging after issuing a worse than expected profit outlook.

FINLAND: HKScan streamlines Finnish operations

2 January 2013

Finland-based meat group HKScan has streamlined its subsidiaries in its home country as part of a cost savings programme.

FINLAND: HKScan Q3 profit climbs

6 November 2012

Finnish meat firm HKScan has booked an increase in third-quarter profit and reaffirmed its full-year guidance.

SWEDEN: More jobs to go at meat firm HKScan

8 October 2012

Finland-based HKScan is to cut another 70 jobs from its operations in Sweden in a bid to make its operations in the country more efficient.

FINLAND: HKScan unveils Sweden streamlining plans

13 August 2012

Finnish meat firm HKScan has announced plans to streamline its operations in Sweden in a bid to cut costs by EUR10m (US$12.3m) a year.



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