FINLAND: Better H1 means Ruokatalo to achieve FY outlook after all
Finnish meat giant HK Ruokatalo has released a statement saying that it now expects to achieve the financial targets for its H2 after posting rising H1 profits. The group explained today [Monday] that growth in its Baltic markets prompted profit in its January to June H1 period to increase 58% to €10.1m (US$9.83m) year-on-year. Sales were up 11% to €306.9m.
Finnish meat giant HK Ruokatalo has released a statement saying that it now expects to achieve the financial targets for its H2 after posting rising H1 profits.
The group explained today [Monday] that growth in its Baltic markets prompted profit in its January to June H1 period to increase 58% to €10.1m (US$9.83m) year-on-year. Sales were up 11% to €306.9m.
The company cautioned however: “It seems international meat prices may still fall.”
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