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Apetit

Apetit, the Finland-based vegetable products supplier, is to sell another business as the company seeks to sharpen its focus.

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Finland-based food group Apetit has invested in local contract manufacturer and product developer Foodwest.

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Apetit plans to invest EUR9.7m (US$11.2m) in a new production plant as the Finland-based food firm seeks to take advantage of growing demand for vegetable-based products.

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Finland-based vegetable foods producer Apetit has elected Harri Eela as chairman of the company and announced a change in its board of directors.

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just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

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Apetit set out its stall today (1 March ) to build on last year's profit growth as the Finland-based company seeks to cement its position as the country's leading brand in vegetable food products.

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Apetit has officially installed Tero Heikkinen as chief financial officer of the Finland-based vegetable food products group, three months after assuming the role in an acting capacity.

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just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

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Apetit has announced CFO Sami Saarnio is to leave the Finland-based food group of his own accord, with group controller Tero Heikkinen temporarily stepping into the role.

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Finland-based food group Apetit reported a widening loss for the first half and said price competition in the domestic retail sector is expected to remain "intensive'', while ample supply in the grains market will keep prices and margins at low levels.

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Finland-based food company Apetit today (29 June) announced a deal to sell its seafood businesses in its domestic market, Norway and Sweden to Norwegian seafood group Insula.

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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.