PRFoods
PRFoods: Unaudited consolidated turnover of AS PRFoods, 2nd quarter and 6 months, 2015
DGAP-News: PRFoods 2015-07-09 / 17:34 --------------------------------------------------------------------- Tallinn, Estonia, 2015-07-09 17:34 CEST (GLOBE NEWSWIRE) -- The unaudited consolidated turnover of PRFoods increased in the 2nd quarter compared to the 2nd quarter 2014 by 1.2%, i.e. by 0.1 million euro, reaching 11.4 million euro. The unaudited consolidated turnover of 6 months 2015 was 21.7 million euro, having increased by a year by altogether 1.2%, i.e. 0.3 million euro. Revenues Q1 Q1 Q2 Q2 6 months 6 months 6 months 2015 (mEUR) 2015 2014 2015 2014 2015 2014 /6 months 2014 Smoked 3.8 3.9 4.8 4.6 8.6 8.5 +1.2% products Other fish 2.1 2.1 2.3 2.2 4.4 4.3 +4.3% products Raw fish 4.4 4.1 4.3 4.4 8.7 8.5 +1.6% and fillets Other 0.0 0.1 0.0 0.1 0.0 0.2 -92.0% Total 10.3 10.2 11.4 11.3 21.7 21.5 +1.2% According to client segments the biggest increase came from wholesale year-on-year basis by 31.3%, i.e. 0.8 million euro. Both HoReCa (Food Services) and retail sales dropped in total by -0.5 million euro. Food services declined by -5.0% and retail by -1.2%. Food services declined due to discontinuation of certain private label client. We are satisfied that sales in Finland, our main market, are on increase, year-on-year basis by 3.8%. Other sales from 2014 (0.2 million euro) are related to discontinued operations, hence the natural decline on year-on-year basis. Revenues by target markets Revenues by Q1 Q1 Q2 Q2 6 6 6 months target markets 2015 2014 2015 2014 months months 2015/6 months (mEUR) 2015 2014 2014 Finland 9.3 8.7 10.0 9.9 19.3 18.6 3.8% Estonia 0.9 1.2 1.2 1.2 2.1 2.4 -7.9% Other 0.1 0.3 0.2 0.2 0.3 0.5 -45.7% Total 10.3 10.2 11.4 11.3 21.7 21.5 1.2% In the summary of 6 months 2015, the turnover the Finnish market grew by 3.8%, i.e. 0.7 million euros. Finnish sales account for 88.7% of total sales, which has increased by 2.2 percentage points, which is in line with PRFoods strategy to focus on markets with higher purchasing power. Indrek Kasela AS PRFoods Member of the Management Board T: +372 6033 800 indrek.kasela@prfoods.ee www.prfoods.ee News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-07-09 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: PRFoods Estonia ISIN: EE3100101031 End of News DGAP News-Service --------------------------------------------------------------------- 376829 2015-07-09
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