Scandi Standard, the Nordic food maker, booked lower earnings in 2014 as higher sales in Denmark were offset by lower sales in Norway. 

Adjusted operating income, stripping out one-off items, fell to SEK301m (US$35.9m), down from SEK317.2m last year. Operating margin fell to 5.7% from 6.1%. 

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Net income rose to SEK189.8m from SEK166.3m on lower finance costs, the group revealed.

Net sales were up 1% to SEK5.27bn. 

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Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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