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HKScan Oyj (HKSAV.HE)

HKSAV.HE on Helsinki Stock Exchange

3.05EUR
21 Jul 2017
Change (% chg)

€-0.02 (-0.65%)
Prev Close
€3.07
Open
€3.07
Day's High
€3.10
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€3.05
Volume
46,187
Avg. Vol
39,226
52-wk High
€3.61
52-wk Low
€2.89

Latest Key Developments (Source: Significant Developments)

HKScan Q2 EBIT result swings to loss of EUR ‍10.5​ million
Wednesday, 19 Jul 2017 01:00am EDT 

July 19 (Reuters) - HKSCAN OYJ ::HKSCAN CORPORATION’S HALF YEAR FINANCIAL REPORT 1 JANUARY–30 JUNE 2017: CHALLENGES CONTINUED – OPERATIONAL RESTRUCTURING FINALIZED.Q2 NET SALES EUR ‍459.6​ MILLION VERSUS EUR 482.7 MILLION YEAR AGO.Q2 EBIT LOSS EUR ‍10.5​ MILLION VERSUS PROFIT EUR 1.7 MILLION YEAR AGO.SAYS ‍EBIT DECLINED IN BIGGEST MARKETS, SWEDEN AND FINLAND​.SAYS ‍WILL COMMUNICATE STRATEGY DURING Q3​.  Full Article

HKScan slashes outlook on sales below expectations
Wednesday, 12 Jul 2017 02:00am EDT 

July 12 (Reuters) - HKSCAN OYJ :HKSCAN TO REVISE ITS OPERATING PROFIT OUTLOOK.ESTIMATES ITS COMPARABLE OPERATING PROFIT (EBIT) FOR 2017 TO STAY BELOW PREVIOUS YEAR'S LEVEL (EUR 13.2 MILLION).REASON FOR REVISED OUTLOOK IS WEAKER THAN EXPECTED SALES AND LOWER PROFITABILITY IN MARKET AREA SWEDEN AND FINLAND.HKSCAN - ‍REASON FOR REVISED OUTLOOK IS WEAKER THAN EXPECTED SALES AND LOWER PROFITABILITY IN SWEDEN AND FINLAND​.  Full Article

HKScan Q1 EBIT loss EUR 6.8 million, wider than expected
Wednesday, 3 May 2017 01:10am EDT 

May 3 (Reuters) - HKSCAN OYJ :HKSCAN OYJ - OUTLOOK FOR 2017 (UNCHANGED).Q1 NET SALES EUR 420.7 MILLION (REUTERS POLL: EUR 438 MILLION).HKSCAN OYJ - " GROUP'S Q1 RESULT REMAINED DISSATISFACTORY, WITH BOTH EBIT AND CASH FLOW IN DECLINE".Q1 EBIT LOSS EUR 6.8 MILLION (REUTERS POLL: LOSS EUR 4.9 MILLION).HKSCAN OYJ - CHANGES OF OPERATING MODEL WILL RESULT IN A HEADCOUNT REDUCTION OF 160 PERSONS.HKSCAN OYJ - NEW OPERATING MODEL WILL BE IN PLACE ON 1 JUNE 2017.  Full Article

HKScan: headcount reduction of 160 employees
Wednesday, 3 May 2017 01:00am EDT 

May 3 (Reuters) - HKSCAN OYJ :HKSCAN’S OPERATING MODEL REVIEWED – GROUP-WIDE STATUTORY NEGOTIATIONS FINALIZED.HEADCOUNT REDUCTION WILL BE 160 PERSONS.WILL NOW INITIATE IMPLEMENTATION OF NEW OPERATING MODEL.  Full Article

HKScan Finland: statutory negotiations at Mellilä production facility
Thursday, 16 Feb 2017 01:55am EST 

HKScan Oyj : HKScan Finland to initiate statutory negotiations at Mellilä production facility .Possible maximum headcount reduction to be expected at Mellilä is 20.  Full Article

OFFICIAL-BRIEF-HKScan Q4 EBIT 4.2 million euros, below estimates
Wednesday, 8 Feb 2017 01:20am EST 

Corrects outlook in fourth bullet point to say "Aims to reach comparable operating profit (EBIT.HKScan Oyj : Q4 net sales 485.2 million euros ($518.15 million) versus 499 million euros seen in Reuters poll . Q4 EBIT 4.2 million euros versus loss 0.6 million euros year ago (Reuters poll: 8.7 million euros) . Proposes dividend of 0.16 euros per share for 2017 (Reuters poll: 0.13 euros) .Outlook for 2017: Aims to reach comparable operating profit (EBIT) of year 2016.  Full Article

HKScan Q4 EBIT 4.2 million euros, below estimates
Wednesday, 8 Feb 2017 01:20am EST 

HKScan Oyj : Q4 net sales 485.2 million euros ($518.15 million) versus 499 million euros seen in Reuters poll . Q4 EBIT 4.2 million euros versus loss 0.6 million euros year ago (Reuters poll: 8.7 million euros) . Proposes dividend of 0.16 euros per share for 2017 (Reuters poll: 0.13 euros) .Outlook for 2017: Expects comparable operating profit (EBIT) to improve from 2016.  Full Article

HKScan acquires full ownership of Paimio Slaughterhouse
Thursday, 19 Jan 2017 10:30am EST 

HKScan Oyj : Strengthens its foothold on the Finnish beef market by acquiring full ownership of Paimio Slaughterhouse . HKScan Finland Oy has signed an agreement on acquiring the remaining 50% of Paimion Teurastamo (Paimio Slaughterhouse) from Turku-based Wellcapita Oy .Says deal will have no impact on personnel.  Full Article

HKScan: Lantmännen ek för increases stake in HKScan to 5.97 pct
Wednesday, 21 Dec 2016 09:25am EST 

HKScan Oyj :Lantmännen ek för ups stake in HKScan to 5.97 percent shares in total.  Full Article

BRIEF-HKScan Q2 EBIT result swings to loss of EUR ‍10.5​ million

* HKSCAN CORPORATION’S HALF YEAR FINANCIAL REPORT 1 JANUARY–30 JUNE 2017: CHALLENGES CONTINUED – OPERATIONAL RESTRUCTURING FINALIZED