Brief: Atria Q1 Adjusted EBIT Rises To EUR 10.9 Mln

Atria Oyj

25/04/2023 06:08

April 25 (Reuters) - Atria Oyj  ATRAV.HE :
    * INTERIM REPORT OF ATRIA PLC, 1 JANUARY - 31 MARCH 2023
    * Q1 TOTAL NET SALES EUR 428.0 MILLION VERSUS EUR 374.8
MILLION
YEAR AGO
    * Q1 ADJUSTED EBIT EUR 10.9 MILLION VERSUS EUR 2.3 MILLION
YEAR
AGO
    * ADJUSTED EBIT IN 2023 IS EXPECTED TO BE SMALLER THAN IN
PREVIOUS
YEAR (EUR 49.0 MILLION)
    * DURING 2023, COMPANY WILL COMMISSION A MAJOR EXPANSION AT
ITS
SKÖLLERSTA PLANT IN SWEDEN, AND PHASED START-UP AND TESTING OF
NEW POULTRY PLANT IN NURMO WILL BEGIN
    * THESE MEASURES WILL RESULT IN ADDITIONAL COSTS IN 2023
    * HIGH COSTS, WEAKENED CONSUMER PURCHASING POWER AND GLOBAL
POLITICAL UNCERTAINTY WILL CONTINUE TO AFFECT BUSINESS
ENVIRONMENT IN 2023
    * STRONG MARKET POSITION AND STRONG BRANDS, GOOD CUSTOMER
RELATIONSHIPS AND RELIABLE INDUSTRIAL PROCESSES WILL ENABLE
STABLE BUSINESS ALSO IN 2023

Source text for Eikon:  ID:nWkr8bnFKF 
Further company coverage:  ATRAV.HE 

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