Brief: Atria Oyj - Q2 Consolidated EBIT EUR 4.1 Million

Atria Oyj

17/07/2020 06:15

July 17 (Reuters) - Atria Oyj  ATRAV.HE :
    * HALF-YEAR FINANCIAL REPORT OF ATRIA PLC, 1 JANUARY-30 JUNE 2020: ATRIA'S EBIT AND NET
SALES
REMAINED STABLE IN THE SECOND QUARTER
    * ATRIA OYJ - Q2 CONSOLIDATED NET SALES EUR 366.3 MILLION VERSUS EUR 368.9 MILLION YEAR AGO
    * ATRIA OYJ - Q2 CONSOLIDATED EBIT EUR 4.1 MILLION VERSUS PROFIT EUR 5.1 MILLION YEAR AGO
    * ATRIA OYJ - Q2 CONSOLIDATED EBIT EUR PORK EXPORTS TO CHINA HAVE GONE SMOOTHLY WITH VOLUME
BEING
EVEN BETTER THAN EXPECTED MILLION VERSUS PROFIT EUR 5.1 MILLION YEAR AGO
    * ATRIA OYJ - Q2 CONSOLIDATED EBIT EUR PRICE LEVEL IN CHINESE MARKETS DECREASED. MILLION
VERSUS
PROFIT EUR 5.1 MILLION YEAR AGO
    * ATRIA OYJ - SWINGS IN PRICE LEVELS IN CHINA ARE LARGE AND RAPID.
    * ATRIA OYJ - IN RUSSIA SIBYLLA'S DROP IN APRIL WAS SEVERE, AS 70 PER CENT OF NET SALES
DISAPPEARED
    * ATRIA OYJ - RUSSIA AND SWEDEN EXPERIENCED BIGGEST DECREASE IN SALES, BUT EFFECTS IN
FINLAND WERE
ALSO SIGNIFICANT.
    * ATRIA OYJ - IN 2020, ATRIA GROUP'S EBIT IS ESTIMATED TO BE HIGHER THAN IN 2019 (EUR 31.1
MILLION).
    * ATRIA OYJ - CONSUMPTION OF POULTRY MEAT IS EXPECTED TO CONTINUE TO INCREASE
    * ATRIA OYJ - CONSUMPTION OF RED MEAT IS EXPECTED TO DECLINE SLIGHTLY.
    * ATRIA OYJ - PORK EXPORTS TO CHINA, FOR EXAMPLE, ARE EXPECTED TO INCREASE DURING 2020.
    * ATRIA OYJ - DURING CORONAVIRUS EPIDEMIC, IMPORTANCE OF DAILY FOOD IS EXPECTED TO
STRENGTHEN.

Source text for Eikon:  ID:nWkr30Bg9J 
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