News and analysis for the global poultry industry.
Industry News & Trends / Europe
on November 5, 2021

HKScan reports stable profitability so far in 2021

Overall, sales for the latest quarter were up slightly year-on-year for HKScan. However, the Finland-based meat company reported that rising costs and some challenging trading conditions hit profitability for two of its operations.

For the past quarter, HKScan achieved “stable” overall sales and profitability, according to the group’s CEO, Tero Hemmilä.

Mixed results for the July-September quarter

Total net sales reached EUR446.8 million (US$514.8 million) for the three months, HKScan reports. An increase of 1.9%, this compares with just over EUR438 million in…

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