Brief: Orior AG Swiss Pork Is Not Affected By Compensation Purchases From China

Orior AG

21/06/2019 05:07

June 21 (Reuters) - Orior AG  ORON.S :
    * SWISS PORK IS NOT AFFECTED BY COMPENSATION PURCHASES FROM
CHINA
AND THUS BY PRICE INCREASE IN EUROPE DUE TO INCREASING DEMAND
    * IMPACT OF SWINE FEVER ON ORIOR IS CURRENTLY VERY LOW
    * FOR FIRST HALF OF 2019, ORIOR EXPECTS A HEALTHY GROWTH IN
BOTH
GROSS MARGIN AND EBITDA
    * BUSINESS DEALINGS IN SWITZERLAND THAT HAVE BECOME
UNPROFITABLE
WILL BE DISCONTINUED

Source text for Eikon:  ID:nTEN5ff5da 
Further company coverage:  ORON.S 

 ((Reuters.Briefs@thomsonreuters.com;))