Food company HKScan Group has released its interim report for January-June, 2013. Net sales for the period were €214.5 million and earnings before interest and taxes was reported as €4.8 million. Net financial expenses were down €11.4 million for the entire period while net debt was €451.2 million. The company says the outlook for 2013 has unchanged, and earnings before interest and tax is expected to improve from 2012.
The company's board of directors has updated its financial targets. Operating profit will be set at greater than 4 percent and return on capital employed will be greater than 12 percent. Dividends had remained unchanged at 30 percent of net profit.
The full interim report can be read at HKScan Group's website.
