Pandemic slowed HKScan’s profit improvement
Despite adverse impacts of COVID-19 on its business, Nordic meat company HKScan has reported increases in sales and profitability for the latest quarter, and for the first half of the current fiscal year.
The novel coronavirus (COVID-19) pandemic did not prevent HKScan from successfully continuing to implement its business strategy, according to the group’s CEO, Tero Hemmilä.
Business growth and improving profitability by HKScan continued during the latest quarter (April-June 2020), he said. At EUR440.9 million (US$504.1 million), the unaudited results just published…