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Apetit

Finnish food group Apetit booked higher sales but lower profits during 2016, a period the group described as a "year of renewal". 

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Finnish food group Apetit has announced a fall in operational EBIT for the third quarter of 2016 and said it does not expect to achieve a turnaround in results this year. 

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Apetit, the Finnish food group, has said its operational EBIT will fall in 2016 hit by pressure on volumes to the foodservice sector and pressure on profits within its grain business.

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Apetit, the Finnish food group, today (16 August) reported higher first-half sales but said profits had been affected by fluctuations in grain prices.

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Finnish food group Apetit said today it had appointed Sami Saarnio as its CFO.

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Apetit, the Finnish frozen food group, has insisted it will improve its operational profitability in the second half of the year, after posting losses - albeit narrower year-on-year - in the first quarter.

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Apetit has revealed it wants to be "the leader" in vegetable-based food solutions by 2018. 

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Apetit has reported mixed results for its food arm during the first nine months of the year. 

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Finnish food group Apetit has appointed Anu Ara as director for its struggling food unit, reporting directly into group CEO Juha Vanhainen.

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Finnish food maker Apetit has cut its forecast for annual underlying operating profit.

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Finnish food maker Apetit said it "cannot be satisfied" with the performance of its fresh and fish businesses but stressed it has seen a pick-up in the performance of its frozen products.

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Finland-based food group Apetit is to close a domestic fish products facility as it looks to improve the profitability of that part of its business.

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High global prices for grains and economic conditions in Finland have weighed heavy on food group Apetit's bottom line for the first nine months of the year.

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Apetit, the Finland-based food group, has cut its forecasts for annual sales and operating profit, as low prices hit its sugar venture and challenging market conditions affect its wider food business.