Finnish meat processor Atria has booked an increase in first-quarter earnings and upped its profit forecast for the full year.
In the three months to the end of March, net profit improved by EUR3.1m (US$4m) year-on-year to reach EUR3.2m, the company reported today (30 April).
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EBIT reached EUR3.2m from EUR0.1m last year. The figure included a non-recurring profit of EUR1.1m resulting from a reversal of impairment on a property that had been for sale.
Net sales amounted to EUR328.4m, and increase of 6.4% on the prior year.
Looking ahead, Atria said it expects EBIT to be “higher” than the EUR30.2m recorded in 2012 and for “some growth” in sales.
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