Brief: PRFoods FY 2021/2022 Net Loss Widens To EUR 11.1 Million

PRFoods AS

01/09/2022 05:59

Sept 1 (Reuters) - PRFoods AS  PRF1T.TL :
    * REPORTED ON WEDNESDAY FY 2021/2022 CONSOLIDATED UNAUDITED
NET
REVENUE, INCLUDING FINLAND BUSINESS, EUR 47.2 MILLION VERSUS EUR
58.7 MILLION YEAR AGO 
    * FY 2021/2022 CONSOLIDATED UNAUDITED NET LOSS, INCLUDING
FINLAND
BUSINESS, EUR 11.1 MILLION VERSUS LOSS OF EUR 5.1 MILLION YEAR
AGO
    * THE BIGGEST IMPACT ON LAST YEAR WAS SALE OF FINNISH
BUSINESS
UNITS, WHICH WAS HEAVILY LOSS MAKING AND FELL VICTIM TO BOTH
POOR MANAGEMENT AND PANDEMIC
    * CORRECTION HAS BEEN MADE IN 12 MONTHS REPORT AND FULL YEAR
REPORT, AS  FINLAND IS NOT SHOWN AS DISCONTINUED BUSINESS UNTIL
ACTUAL SALE AND THEREFORE FINNISH UNITS RESULTS ARE INCLUDED IN
RESULTS UNTIL COMPLETION OF SALE OF THE BUSINESS UNIT

        
 Source text: https://bit.ly/3q2jJSi
 Further company coverage:  PRF1T.TL  

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