Finnish meat group HK Ruokatalo recorded profits of €11.9m (US$10.3m) for the full year 2001, up from the €836,000 profit posted in 2000.

Operating profit similarly grew to €26.1m in 2001, up from €11.2m in 2000, on a turnover of €585m, up from €508.1m for 2000.

HK Ruokatalo reported earnings per share totalling €0.55 for 2001, compared to €0.11 in 2000, and the company's board of directors has proposed a cash dividend of €0.17 per share for 2001.