Brief: Firstfarms FY EBIT loss narrows to DKK 2.8 mln

FirstFarms A/S

28/03/2017 12:21

March 28 (Reuters) - FIRSTFARMS A/S  FFARMS.CO  
    * IN 2017, FIRSTFARMS EXPECTS AN EBIT-RESULT IN LEVEL OF DKK 
18-22 MILLION 
    * EARNINGS IN 2017 ARE EXPECTED TO BE STABLE FOR MILK- AND 
PIG PRODUCTION IN EU 
    * 2017 CROP PRICES ARE EXPECTED TO BE ON PAR WITH REALISED 
PRICES IN 2016, AND A MILK PRICE OF DKK 2.50 IS EXPECTED 
    * IN 2017, COMPANY WILL WORK ON DEVELOPMENT OF PLATFORM FOR 
PIG PRODUCTION AND STABILISE OPERATION IN MILK PRODUCTION. 
    * FY NET TURNOVER DKK 130.3 MILLION VERSUS DKK 111.8 MILLION 
YEAR AGO 
    * 2016 EBIT-RESULT IS IMPROVED BY DKK 12 MILLION COMPARED TO 
2015 
    * FY EBIT LOSS DKK 2.8 MILLION VERSUS LOSS DKK 14.7 MILLION 
YEAR AGO 
 
Source text for Eikon:  ID:nGNELsPn1  
Further company coverage:  FFARMS.CO  
 
 (Gdynia Newsroom) 
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