Finland's Atria Q3 sales rise, EBIT flat on pork export ban

By Reuters News


Overview

  • Finland food producer's Q3 net sales rose 4% yr/yr

  • Q3 adjusted EBIT was nearly flat, impacted by pork export ban after African swine fever

  • Company to centralize cattle slaughtering, targeting EUR 2 mln annual savings


Outlook

  • Atria expects 2026 adjusted EBIT to be higher than 2025's EUR 69.9 mln

  • Company cites ASF outbreak, cost inflation, and weak consumer confidence as risks to EBIT

  • Atria says strong brands and customer relationships support positive EBIT development in 2026


Result Drivers

  • ATRIA FINLAND EXPORT BAN - Pork export ban after African swine fever detection in Finland weighed on Atria Finland's EBIT, with about EUR 2 mln impact in Q3 and lower export sales

  • ATRIA SWEDEN SALES MIX - Atria Sweden's EBIT rose on strong Foodservice and retail sales, aided by effective sales and marketing and a favourable sales mix

  • ESTONIA SALES AND COSTS - Atria Estonia's EBIT improved on higher sales to retail and industrial customers and lower pork raw material prices


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

EUR 475.20 mln

Q3 Adjusted EPS

EUR 0.67

Q3 EPS

EUR 0.67

Q3 Adjusted EBIT

EUR 25.30 mln

Q3 Adjusted EBIT Margin

5.30%

Q3 EBIT

EUR 25.30 mln

Q3 EBIT Margin

5.30%

Q3 Pretax Profit

EUR 23.80 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the food processing peer group is "buy"

  • Wall Street's median 12-month price target for Atria Oyj is €18.80, about 21.3% above its October 21 closing price of €15.50

  • The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago


Reuters Recommended Reads

  • Oct 20 - Sweden's Scandi Standard Q3 revenue rises on strong chicken demand

  • Oct 20 - Chicken to surpass pork in Europe's future diet, Agrofert says

  • Oct 21 - Saudi Arabia halts poultry imports from Brazilian state after Newcastle outbreak


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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