Growing sales and profits at Atria

By: trademagazin Date: 2007. 11. 09. 00:00

The Finland-based food groups operating profit soar almost 52% to EUR19.3m, outpacing sales growth of 14.6% during the third quarter of the year, turnover reached EUR312.8m.

 Sales and profits rose in Finland and in Scandinavia as a
whole amid the integration of the Sardus business Atria bought last year.
In Atria's Baltic markets, profits were boosted after the
closure of a site in Lithuania. In Russia, the company's sales suffered due, it
said, to its unwillingness to be dragged into a price war.
Atria last month announced plans to invest about SEK10m
(US$1.5m) in its ready_meals factory near Malmo, Sweden, as a result of
cooperation with supermarket chain ICA.

 

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