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HKScan Oyj (HKSAV.HE)

HKSAV.HE on Helsinki Stock Exchange

3.28EUR
11:29am EDT
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€3.24
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€3.26
Volume
42,792
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46,379
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€3.61
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€2.89

Latest Key Developments (Source: Significant Developments)

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

HKScan Q2 EBIT falls to EUR 1.7 million
Tuesday, 19 Jul 2016 01:00am EDT 

Hkscan Oyj : Q2 EBIT 1.7 million euros ($1.9 million) versus 3.7 million euros year ago . Q2 net sales 482.7 million euros versus 474.8 million euros year ago .Outlook for 2016 unchanged.  Full Article

HKScan names Jari Latvanen new President and CEO
Friday, 27 May 2016 02:00am EDT 

HKScan Oyj : Jari Latvanen appointed as HKScan's new President and CEO . Latvanen to join HKScan from Stora Enso by end of November at the latest .Aki Laiho, COO, will continue to serve as the deputy CEO until Latvanen assumes his new position.  Full Article

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BRIEF-HKScan Q1 EBIT loss EUR 6.8 million, wider than expected

* Q1 NET SALES EUR 420.7 MILLION (REUTERS POLL: EUR 438 MILLION)