HKScan Group’s financial statement release for the financial year of 1 january − 31 december 2010
* The HKScan Group’s net sales in 2010 remained at the level of the previous year and were EUR 2 113.9 million (EUR 2 124,7 m). EBIT came in at EUR 48.0 million (EUR 55.1 m).
* Group profit before taxes, EUR 36.5 million, remained almost unchanged (EUR EUR 37.3 m).
* In Finland and Sweden, the year was affected by numerous exceptional internal supply chain problems, which caused substantial costs and loss of income. EBIT was improved by the gains on the disposal of properties in Sweden amounting to some EUR 8 million.
* Profitability remained good in the Baltics and improved particularly in Poland.
* In Sweden, the increasing import of cheaper meat has significantly weakened the competitiveness of production based on Swedish meat raw material.
* At the end of November the transaction concerning the Danish poultry company Rose Poultry A/S was completed, making HKScan a leading player in the poultry market in northern Europe.