MHP, the UK-listed, Ukraine-based poultry and grain processor, swung back into profit in 2016 and reported growth in annual revenues.
MHP, the UK-listed, Ukraine-based poultry supplier, has reported a profit for the first nine months of 2016 - after a forex-affected loss a year ago - but saw falling export prices affect operating profit amid flat revenues.
MHP, the Ukraine-based, UK-listed poultry processor, is "gradually" developing as planned, chief executive Yuriy Kosyuk said today (17 August), as the company reported lower sales and mixed profits numbers for the first half of 2016.
Ukrainian poultry products producer MHP aims to capture a share of the European market following the launch of trial operations at a new processing plant in the Netherlands.
Ukrainian meat and poultry processor MHP expects to start exports to Saudi Arabia in the next three months and is on the hunt for "new business opportunities " globally as sales continue to plummet in the CIS market.
Ukrainian poultry processor MHP has reported a fall in nine-month sales and profits on the back of challenges in its export markets.
MHP, the Ukraine poultry processor, pointed to an improvement in its EBITDA margin in the first half of the year as evidence of "stable financial results" during the period, which included lower sales.
A busy week for results as the first-quarter reporting season got into full swing. We heard from global food manufacturers as far afield as Latin American and Russia, with the likes of Sigma Alimentos owner Alfa and Cherkizovo Group updating the markets. Here is just-food's weekly financial round up.
MHP's bottom line for the first nine months of the year has been hit by a negative foreign exchange impact.
Ukraine-based poultry processor MHP today (28 August) claimed a "strong" first-half performance, with higher operating profit, but foreign exchange losses hit its bottom line.
London-listed Ukraine poultry processor MHP has reported a 23% rise in first-half sales volumes as "strong" domestic demand helped offset challenges in export markets.
Ukraine poultry processor MHP has announced CEO Yuriy Kosyuk has been appointed to a key role in the new presidential administration - headed by chocolate tycoon Petro Poroshenko.
London-listed Ukraine poultry processor MHP has reported higher first-quarter sales and EBITDA - but saw foreign exchange losses hit its bottom line.
Ukrainian grain-to-poultry firm MHP has said that it continues to develop its processed meats business in order to shift its mix to higher margin products.
Ukrainian poultry producer and grain trader MHP has posted a 48% fall in annual profits despite higher sales after seeing prices for its grain drop last year.
Ukrainian meat group MHP has said its poultry production facilities worked at full capacity during the first half of the year with poultry sales and exports both having increased.
Ukrainian meat group MHP said it has made a "strong" start to the year after its first-quarter profits more than doubled on increased chicken prices and exports.
Ukrainian meat group MHP announced today (18 April) that its first-quarter sales rose on the back of higher volumes and pricing.
Ukrainian agro-industrial group MHP has booked a 20% jump in EBITDA for the year to 31 December as higher selling prices boosted revenues.
Ukrainian agro-industrial company MHP saw its third quarter net profit jump on the back of increased chicken and sunflower oil production volumes.
Ukrainian meat producer MHP posted a 35% increase in net income during the second quarter, which it attributed partially to foreign currency gains, as well as volume gains in chicken meat sales.
Ukrainian poultry group MHP has secured loans worth US$50m from the European Bank for Reconstruction and Development.
Agro-industrial company MHP said consumer demand for chicken remained high in the first quarter, boosting volume of sales by more than 60%.
Agro-industrial company MHP saw its poultry production volumes increase in 2009, boosted by production at its Myronivka plant.
Agro-industrial company MHP saw a drop in profit for the first nine months of the year, despite a 25% increase in sales.
Agro-industrial company MHP saw its first-half profit climb 23% today (26 August) and said it remains “confident” about its second-half results.
Agro-industrial company MHP said the volume of chicken meat sales increased by 6% in the first-half of the year, driven by the launch of production at its Myronivka plant.
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- Analysis: Chocolate sector's deforestation pledge
- US food next wave on display at Winter Fancy Food
- Kraft Heinz cuts jobs in US, Canada
- Unilever invests in Dutch meat substitute project
- Lactalis fails to hit threshold to delist Parmalat
- Fonterra cuts earnings forecast
- Immigration crackdown "risk" for US dairy industry