European meat group Scandi Standard reported a decrease in operating profits for 2016 as an outbreak of bird flu hurt profitability despite higher sales.
Scandi Standard, the Scandinavian poultry group, has warned its earnings will feel the negative impact of bird flu as some markets close to poultry exports from Denmark and Sweden.
Scandi Standard, the Nordic poultry processor, grew sales and income during the third quarter but saw adjusted margins come under pressure.
Scandi Standard, the Nordic poultry processor, has appointed former Marine Harvest executive Henrik Heiberg as head of M&A, financing and investor relations.
Scandi Standard today (24 August) booked higher first-half sales after a "strong" second quarter but the Nordic poultry producer saw issues in production and price pressure weigh on profits.
European poultry processor Scandi Standard has reported an increase in first-quarter sales and profits.
Swedish poultry processor Scandi Standard has announced the acquisition of a majority shareholding in Danish peer Sødams Øko Fjerkræslagteri.
Swedish poultry processor Scandi Standard has leased an "industrial facility in Karpalund to evaluate whether to invest in increasing production of value-added chicken at the site.
Atria, the Finland-based meat processor, is to buy Swedish poultry group Lagerbergs. after a sale of the company to Scandi Standard was blocked by the competition watchdog earlier in the year.
Swedish poultry processor Scandi Standard has reported higher profits and sales for the year, thanks to higher net sales in Sweden and Denmark.
The Swedish competition authority, Konkurrensverket, is moving to block Scandi Standard's acquisition of fellow local poultry group Lagerbergs.
Scandi Standard, the Swedish poultry business, has reported mixed results for the first nine months of the year.
Nordic poultry group Scandi Standard has reported higher underlying profits for the second quarter of 2015, although the result was not enough to prevent lower half-year earnings.
Swedish chicken processor Scandi Standard has announced the resignation of its CFO Jonny Mason.
Nordic poultry group Scandi Standard has signed an agreement to acquire Lagerbergs, the third-largest chicken processor in Sweden.
Nordic poultry group Scandi Standard has acquired Finnish premium chicken group Huttulan Kutto for EUR10m (US$11.3m), including the assumption of EUR5m in debt.
Scandi Standard, the Nordic food maker, booked lower earnings in 2014 as higher sales in Denmark were offset by lower sales in Norway.
Swedish poultry group Scandi Standard has lowered its forecast for annual underlying operating profit after a 12% fall in the third quarter of the year.
Sweden-based poultry group Scandi Standard is to buy organic broiler chicken supplier Bosarpskyckling.
Recently-listed Swedish poultry group Scandi Standard has stuck to its forecasts for annual adjusted operating income despite a 16% fall in the second quarter.
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