Apetit Group: Q1-2021 operating profit improved

Säkylä / FI. (app) Finland’s Apetit Group PLC announces its unaudited business review for the first quarter of 2021, the period from 01 January to 31 March. The Group reports a record quarter in Food Solutions and Oilseed Products. The profitability of Grain Trade was weak. Net sales amounted to EUR 67.8 (65.2) million. Ebitda was EUR 2.5 (1.7) million. Operating profit was EUR 0.9 (0.2) million. «Apetit Group’s first quarter was one of contrasts: the record-breaking profit performance of Food Solutions and Oilseed Products was very pleasing, but the result of the Grain Trade business was a big disappointment,» Chief Executive Esa Mäki says in his statement. For additional information please read the Company’s PDF file below (164 KB):