Atria's Q1 adjusted EBIT beat LSEG Data & Analytics consensus by 31%. The beat was broad-based, although the new poultry unit in Finland was the main driver behind the y/y improvement. Despite the uncertain consumer demand outlook, we continue to view...

Atria reported Q1 adjusted EBIT of EUR 12.8m, 31% (EUR 3.0m) above LSEG Data & Analytics consensus. Q1 net sales of EUR 421m were up 1% y/y and came 1% below consensus. All segments beat our EBIT estimates, led by Finland. Operating cash flow was EUR...

Ahead of Atria's Q1 report, we keep our group estimates largely intact. Meat raw material costs are increasing in Sweden while they are trending lower elsewhere. We expect a relatively stable demand situation in Q1 and note early spring weather that ...

The approaching Easter is an important sales season, especially for the meat industry, and delivery problems may slightly weaken the development of sales and earnings in Q2.

Atria will start planning an investment programme related to the production of convenience food at the Nurmo production plant. This investment would modernize Atria’s convenience food production in Nurmo and make it more energy efficient. According to...

HKFoods is streamlining its production and the aim is to achieve annual savings of around 1 MEUR.

Atria's Q4 fell short of expectations, but we believe it has reached a sustainably higher margin level that it can defend. Market demand has not been strong and any improvement in consumer confidence could improve the growth trajectory. Following a large...

Atria reported Q4 adjusted EBIT of EUR 13.2m, 19% (EUR 3.1m) below LSEG Data & Analytics consensus. Q4 net sales of EUR 445m were up 2% y/y and came 1% below consensus. All segments missed our EBIT estimates, led by Finland. Operating cash flow was EUR...