Norwegian meat processor Nortura registered an increase in sales and earnings during 2014.

The company said today (12 February) operating profit for the year rose to NOK450m (US$58.5m), up 37% year-on-year. Revenue in the period increased 8.1% to NOK22bn.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Sales expansion was in lower margin areas and price/mix proved a drag, the company said. Nortura stressed it was able to improve its operating result despite a decline in the gross margin, which fell 1.5%. The fall in gross margins was offset by a focus on cost, the company indicated. Operating margins rose 0.4 percentage points to 2%.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now