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International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 18:13

PRFoods turnover grows in Q1

BC, Tallinn, 13.04.2015.Print version
The unaudited consolidated turnover of Estonian PRFoods in the first quarter of 2015 increased, if compared to the first quarter of 2014, by 1.3%, or 0.1 million euros, the company informed the Tallinn Stock Exchange, cites LETA.

The turnover was 10.3 mln euros versus 10.2 mln euros at the same time last year.

 

The highest increase of 0.3 million euro, i.e 6.5%, came from the fish and fish fillet product group. In the retail sector the turnover decreased by 0.1 million euro, i.e. by 3.3% in cold and smoked products groups. The turnover decreased in hot smoked product group by 0.2 million euro, i.e. 9.6%, and increased in cold smoked product group by 0.1 million euro, i.e. 8.5%.

 

Based on client segments the turnover increased in wholesale in total by 0.4 million euro, i.e. 28.3%, and decreased in both HoReCa and retail sector by 0.1 million euro. In HoReCa sector the decrease was 4.1% and in retail sector 1.3%.

 

In the first quarter of 2015, the turnover increased by 0.6 million euro in the Finnish market. The proportion of total turnover of PRFoods AS in the first quarter of 2015 generated in the Finnish market was 90.1%, which means an increase by 4.3%age points compared to the same period of previous year. PRFoods focus is to increase margins in Value Added Products in our core market of Finland and opening up new export markets in near term.






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