SWEDEN: Swedish Meats shows dismal first four months figures
Sweden's leading abattoir and meat group, Swedish Meats , is fighting to turn its operations around under new managing director Peter Rasztar. Figures for the first four months show that the group still has a long way to go. Losses after net financial items narrowed only marginally to SKr83.7m from a SKr98m loss in the same period last year. The company did not issue turnover figures. Rasztar described the result as "unsatisfactory", but added recent price hikes in the wake of the foot and mouth disease would show up in earnings later in the year.
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