Finland's Atria Q3 sales rise, EBIT flat on pork export ban
Finland's Atria Q3 sales rise, EBIT flat on pork export ban
Overview
Finland food producer's Q3 net sales rose 4% yr/yr
Q3 adjusted EBIT was nearly flat, impacted by pork export ban after African swine fever
Company to centralize cattle slaughtering, targeting EUR 2 mln annual savings
Outlook
Atria expects 2026 adjusted EBIT to be higher than 2025's EUR 69.9 mln
Company cites ASF outbreak, cost inflation, and weak consumer confidence as risks to EBIT
Atria says strong brands and customer relationships support positive EBIT development in 2026
Result Drivers
ATRIA FINLAND EXPORT BAN - Pork export ban after African swine fever detection in Finland weighed on Atria Finland's EBIT, with about EUR 2 mln impact in Q3 and lower export sales
ATRIA SWEDEN SALES MIX - Atria Sweden's EBIT rose on strong Foodservice and retail sales, aided by effective sales and marketing and a favourable sales mix
ESTONIA SALES AND COSTS - Atria Estonia's EBIT improved on higher sales to retail and industrial customers and lower pork raw material prices
Company press release: ID:nWkr5BWT63
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales |
| EUR 475.20 mln |
|
Q3 Adjusted EPS |
| EUR 0.67 |
|
Q3 EPS |
| EUR 0.67 |
|
Q3 Adjusted EBIT |
| EUR 25.30 mln |
|
Q3 Adjusted EBIT Margin |
| 5.30% |
|
Q3 EBIT |
| EUR 25.30 mln |
|
Q3 EBIT Margin |
| 5.30% |
|
Q3 Pretax Profit |
| EUR 23.80 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Atria Oyj is €18.80, about 21.3% above its October 21 closing price of €15.50
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago
Reuters Recommended Reads
Oct 20 - Sweden's Scandi Standard Q3 revenue rises on strong chicken demand
Oct 20 - Chicken to surpass pork in Europe's future diet, Agrofert says
Oct 21 - Saudi Arabia halts poultry imports from Brazilian state after Newcastle outbreak
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)