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BRIEF-HKScan says expects negative EBIT in 2017
October 31, 2017 / 7:14 AM / 23 days ago

BRIEF-HKScan says expects negative EBIT in 2017

Oct 31 (Reuters) - HKSCAN OYJ

* ESTIMATES ITS COMPARABLE OPERATING PROFIT (EBIT) FOR 2017 TO BE AT LOSS​

* ‍REASONS FOR REVISED OUTLOOK AMONG OTHERS IS HIGHER THAN ANTICIPATED RAMP UP COST OF NEW RAUMA UNIT

* NEW UNIT TO ‍IMPROVE EFFICIENCY, COMPETITIVENESS OF CO‘S POULTRY PRODUCTION AND ENABLE TO INTRODUCE NEW FOOD CONCEPTS IN 2018​

* ‍PREVIOUSLY ESTIMATED THAT ITS EBIT FOR 2017 WAS TO STAY BELOW PREVIOUS YEAR‘S LEVEL (EUR 13.2 MILLION)​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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