Fish products maker PRFoods' Q2 revenue falls 25%, net loss widens

PRFoods AS

27/02/2026 19:53

Overview

Estonian food company's Q2 revenue fell 25% yr/yr due to lower sales in Estonia, Finland

Company's Q2 net loss widened to EUR 0.7 mln from EUR 0.1 mln last year

Gross profit for Q2 dropped 43% yr/yr amid lower production volumes, price pressure

Outlook

Company focuses on improving efficiency and controlling costs amid economic challenges

PRFoods aims to strengthen capital structure and ensure long-term sustainability

Result Drivers

WEAK CONSUMPTION - PRFoods reported weak consumption in Estonia and nearby markets, impacting sales volumes

COST PRESSURE - Price sensitivity and increased cost pressure affected gross profit, which fell 43% yr/yr

Company press release: ID:nGNE37Ls94

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
EUR 5.10 mln
Q2 Net Income
-EUR 700,000
Q2 Gross Margin
18.60%
Q2 Gross Profit
EUR 1 mln
Q2 Pretax Profit
-EUR 1.40 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)