Brief: PRFoods AS Q4 2018/2019 Net Loss At EUR 0.6 Million

PRFoods AS

26/08/2019 07:37

Aug 26 (Reuters) - PRFoods AS  PRF1T.TL :
    * REPORTED ON SUNDAY Q4 2018/2019 SALES EUR 21.5 MLN VS EUR
22.1
MLN YR AGO
    * REASONS FOR DECREASED SALES WERE MAINLY LOWER SALES FROM
OUR
ESTONIAN FACTORY TO FINLAND AND A DECREASE IN TRADING OF FRESH
FISH IN FINLAND
    * Q4 2018/2019 EBITDA EUR 0.3 MLN VS EUR 0.3 MLN YR AGO
    * Q4 2018/2019 NET LOSS EUR 0.6 MLN VS LOSS 1.1 MLN YR AGO
    * FOR FY 2019/2020 EXPECT SALES INCREASE BY AT LEAST 5% AND
EBITDA
IMPROVEMENT OF 25-30%
    * PRFOODS RECENTLY CHANGED ITS REPORTING PERIOD, CURRENT
FINANCIAL
YEAR BEGAN ON 1 JULY 2018, IS OF STANDARD LENGTH AND ENDS ON 30
JUNE 2019

    
 Source text : https://bit.ly/2PcGbs5
    
 Further company coverage:  PRF1T.TL 
   


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