Brief: PRfoods Q3 net profit up at 0.7 million euros YR/YR

PRFoods AS

13/11/2015 13:44

Nov 13 (Reuters) - PRFoods AS  PRF1T.TL : 
    * Q3 net profit 0.7 million euros, increase 0.6 million 
euros, i.e. 466.4 pct versus year ago 
    * Q3 EBITDA 1.1 million euros, increase 0.3 million euros, 
i.e. 48.7 pct versus year ago 
    * Q3 unaudited consolidated revenue 11.4 million euros, 
increase of 13.1 pct versus year ago 
    * Drivers behind growth in profitability are changes in 
sales and production strategy initiated in beginning of year and 
improvement in synergies between various production units 
    * Management of PR foods is optimistic about 2015 budget 
targets (sales of 44.2 million euros and EBITDA from operations 
(before biological assets revaluation) of 2.3 million euros 
 
Source text for Eikon:  ID:nTSE641n  
     
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