The financial performance of the group presents a varied picture. At the end of the fiscal year, the group reported an adjusted operating profit of 9.4 million euros. This is in contrast with the profit reported a year earlier, which stood at 16.7 million euros.
A closer look at the food conglomerate, Atria, shows a dip in its profitability as the year came to a close.
The group’s financial performance in the final quarter of the year reveals an adjusted operating profit of EUR 9.4 million. This was significantly lower than the profit of 16.7 million euros recorded at the same time in the previous year.
In parallel, the group’s turnover for the year-end was approximately 438 million euros, a decrease from the more than 450 million euros from a year earlier.
Atria attributed this lower than expected performance at the year-end, when compared to the previous year, to several factors. These included a decrease in turnover, lower profitability from meat sales in Finland, and start-up costs incurred from the launch of Nurmo’s new poultry factory.
Despite these challenges, it is noteworthy that on a full-year basis, there was a slight increase in both the net sales and adjusted operating profit.
