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SITUATION IN GLOBAL MEAT MARKET HAMPERED ATRIA'S PERFORMANCE

INTERIM REPORT OF ATRIA PLC 1 JANUARY - 31 MARCH 2008                           

SITUATION IN GLOBAL MEAT MARKET HAMPERED ATRIA'S PERFORMANCE                    

- The Group's net sales totalled EUR 303.4 million (EUR 276.0 million), growing 
9.9%                                                                            
- EBIT was EUR 6.8 million (EUR 11.5 million).                                  
- Earnings per share were EUR 0.07 (EUR 0.23).                                  


Atria Group:                                                                    
                               Q1/        Q1/                                   
EUR million                    2008       2007       2007                       
   ---------------------------------------------------------                    
Net sales                     303.4      276.0    1,272.2                       
EBIT                            6.8       11.5       94.5                       
Operative EBIT*                 6.8       11.5       61.4                       
Operative EBIT %                2.2        4.2        4.8                       
Profit before tax               3.5        7.6       80.6                       
Earnings per share             0.07       0.23       2.56                       

* Operative EBIT = EBIT excluding significant non-recurring items.              


Review Q1/2008                                                                  

Atria Group's year-on-year net sales grew by 9.9%. The increasing cost of raw   
material across the food chain has hampered the Group's performance. The        
profitability of Atria Finland has been affected particularly by the imbalance  
in the price of pork between Finland and the rest of Europe.                    

The Annual General Meeting of Atria Group Plc decided to change the company's   
trade name to Atria Oyj in Finnish, Atria Abp in Swedish and Atria Plc in       
English.                                                                        

Segment reporting was redefined from the beginning of 2008 onwards in such a    
manner that each business area (Finland, Scandinavia, Russia and Baltic) form   
their own segment. In addition, Group costs are now reported separately under   
unallocated items. Group costs mainly consist of personnel and administration   
costs as well as costs arising from the share-based incentive plan. Previously, 
Group costs have been included in the figures reported for the segment Finland. 
Comparative figures have been adjusted to correspond to the current segment     
structure.                                                                      


Atria Finland 1 January - 31 March 2008                                         

                              Q1/        Q1/                                    
EUR million                   2008       2007       2007                        
--------------------------------------------------------                        
Net sales                    180.9      169.5      749.6                        
EBIT                           2.2       10.1       43.2                        
Operative EBIT                 2.2       10.1       43.2                        
Operative EBIT %               1.2        6.0        5.8                        

Atria Finland's Q1 net sales increased by 6.7%. In Q1, the sales volume in the  
retail market fell slightly short of the target due to weak sales in March.     
Atria estimates that the market shares in different product groups in the retail
market remained stable. Atria Finland's Q1 EBIT fell considerably compared to   
last year which was very good. The main reasons behind the weaker performance   
were the strong increase in the price of raw materials and other materials and  
supplies, as well as the difficult situation in the wholesale and export        
markets. Furthermore, the realized increases in sale prices have not fully      
covered the growth in costs.                                                    

During Q1, Atria Finland announced the launch of an extensive efficiency        
improvement programme in order to restructure its operations. The measures are  
expected to generate annual cost savings of approximately EUR 4 million. At the 
same time, statutory employer-employee negotiations were initiated regarding the
restructuring of operations at Atria's Forssa production plant, Liha-Pouttu Oy's
industrial operations and procurement, and A-Farmers Ltd's and A-Rehu Oy's      
operations. The ongoing employer-employee negotiations involve the reduction of 
about 230 employees in the aforesaid operations. As a result of possible        
arrangements, about 60 new jobs are expected to be created at Atria Finland's   
other production plants, and the net reduction in personnel is expected to be   
approximately 170. The possible non-recurring costs arising from the            
restructuring will be recognized in the result of Q2/2008.                      

The performance of Atria Finland in Q2-Q4/2008 will be affected significantly by
changes in the global meat market.                                              


Atria Scandinavia 1 January - 31 March 2008                                     

                              Q1/        Q1/                                    
EUR million                   2008       2007       2007                        
--------------------------------------------------------                        
Net sales                    105.1       92.3      457.8                        
EBIT                           5.8        1.8       54.9                        
Operative EBIT                 5.8        1.8       20.5                        
Operative EBIT %               5.5        2.0        4.5                        

In the Atria Scandinavia business area, sales and profit have developed as      
expected during Q1. The comparative period Q1/2007 does not include figures for 
AB Sardus (consolidated as of 1 April 2007), but does include figures for Svensk
Snabbmat for Storkök AB (consolidated until 31 May 2007). Net sales increased by
13.9% and operative EBIT over tripled year-on-year. As a result of price        
increases and healthy sales, the increased raw material costs have not affected 
performance significantly during Q1.                                            

With integration benefits, good sales trend in the beginning of the year and new
product launches in the second half of the year, profitability is expected to   
develop favourably despite the continuing rise in raw material costs projected  
for Q2 and Q3.                                                                  


Atria Russia 1 January - 31 March 2008                                          

                             Q1/        Q1/                                     
EUR million                  2008       2007       2007                         
-------------------------------------------------------                         
Net sales                    16.3       16.0       65.6                         
EBIT                          0.5        1.2        4.3                         
Operative EBIT                0.5        1.2        4.3                         
Operative EBIT %              3.1        7.5        6.5                         

The sales volume of Atria Russia began to increase in the second half of Q1.    
During the period under review, Atria increased its market share in modern      
retail trade to 21.5% in the St. Petersburg region. Nevertheless, net sales     
remained at the year-on-year level due to weak sales in January and the weakened
exchange rate of the Russian rouble. EBIT decreased compared to last year as a  
result of rising raw material costs.                                            

The logistics functions of the new production plant in Gorelovo will be         
operational in June, and the rest of the production departments will be         
completed by the end of the year. The expansion of operations outside St.       
Petersburg is still being investigated.                                         

Raw material prices are expected to increase further in 2008 also in Russia.    
Sale prices will be increased during Q2, but the impact of this measure will not
be felt fully until the beginning of Q3. The aim is to improve cost efficiency, 
but the opening of the new logistics centre and production plant may result in  
additional start-up costs.                                                      


Atria Baltic 1 January - 31 March 2008                                          

                             Q1/        Q1/                                     
EUR million                  2008       2007       2007                         
-------------------------------------------------------                         
Net sales                     5.5        6.7       26.7                         
EBIT                         -1.0       -0.9       -4.4                         
Operative EBIT               -1.0       -0.9       -3.1                         
Operative EBIT %            -18.2      -13.4      -11.6                         

Atria's net sales increased slightly year-on-year in Estonia. The comparative   
figures include UAB Vilniaus Mesa, which was discontinued in summer 2007. EBIT  
failed to develop as planned and fell year-on-year as a result of rising primary
production costs.                                                               

The price of animal feed is currently record high in Estonia, which weakens the 
profitability of primary production in particular. Sales volumes are expected to
increase towards the end of the year, but profitability will be affected        
significantly by changes in the global meat market.                             


Financing                                                                       

In the period under review, the Group recognized profit from the sale of        
securities in the amount of EUR 1.7 million.                                    


Investments                                                                     

The construction of a new production plant and logistics centre is underway in  
the Gorelovo area of St. Petersburg. The logistics functions of the new plant   
will be operational in June, and the plant will be completed by the end of 2008.
The total value of the investment is approximately EUR 70 million.              

The Group's investments in Q1 totalled EUR 16.0 million.                        


Personnel                                                                       

The Group had an average of 5,700 employees (5,418) during the period under     
review.                                                                         

Personnel by business area:                                                     

Atria Finland         2,296 (2,159)                                             
Atria Scandinavia     1,727 (1,355)                                             
Atria Russia          1,276 (1,339)                                             
Atria Baltic            401   (565)                                             


Atria Plc's Administration                                                      

The Annual General Meeting of Atria Group Plc decided to change the company's   
trade name to Atria Oyj in Finnish, Atria Abp in Swedish and Atria Plc in       
English.                                                                        

The Annual General Meeting re-elected the following outgoing members of the     
Supervisory Board: Pasi Ingalsuo, Veli Koivisto, Olavi Kuja-Lipasti, Teuvo      
Mutanen and Timo Tuhkasaari. In addition, Pekka Parikka was elected to replace  
the outgoing Supervisory Board member Juhani Savolainen, and Ari Pirkola was    
elected to replace the resigning member Sinikka Ouramo.                         


Short-term Business Risks                                                       

Atria's most significant short-term risk involves the global development of raw 
material prices that affects the entire food chain. The rising material and raw 
material costs will affect the Group's profitability, because it takes time,    
depending on the market situation, to transfer the costs to sales prices.       
Particularly the imbalance in the price of pork between Finland and the rest of 
Europe will increase uncertainty for performance in Finland in the remaining    
part of 2008.                                                                   

The successful start-up of the new plant and logistics centre pose a            
considerable risk for operations in Russia.                                     

No other significant changes have occurred in Atria's business risks during Q1  
when compared to the risks described in the Financial Statements 2007.          


Outlook for the Future                                                          

Atria Group's net sales are expected to grow in 2008, but the operative EBIT is 
expected to remain under the result of 2007. Changes in the international meat  
market create uncertainty in all of the Group's business areas.                 


Board Authorizations                                                            

The Annual General Meeting authorizes the Board of Directors to decide, on one  
or several occasions, on a share issue involving a maximum of 10,000,000 new    
Series A shares at the nominal value of EUR 1.70 per share.                     

The Board is also authorized to decide on all terms and conditions of the share 
issue. The authorization thus also includes the right to issue shares in        
deviation from the proportion of the shares held by the shareholders under the  
conditions provided in law, as well as the right to decide on a share issue to  
the company itself without payment, subject to the provisions of the Finnish    
Companies Act regarding the maximum number of treasury shares held by a company.

The authorization is intended to be used for the financing or execution of any  
acquisitions or other arrangements or investments relating to the company's     
business, for the implementation of the company's incentive plan or for other   
purposes subject to the Board's decision.                                       

The authorization is valid until the closing of the next Annual General Meeting,
or until 30 June 2009, whichever occurs first. The authorization does not repeal
the Board's current authorization to decide on a reserve increase.              

The Annual General Meeting of 3 May 2007 authorized the Board of Directors to   
decide, on one or several occasions, on a reserve increase, which may increase  
the company's share capital by a maximum of EUR 850,000. The authorization is   
valid for a maximum of five years from the date of the Annual General Meeting's 
decision.                                                                       


KEY FIGURES                                                                     

EUR million                           1-3/08            1-3/07           1-12/07

Shareholders' equity/share (EUR)       16.76             13.44             16.77
Interest-bearing liabilities           327.9             375.8             321.9
Interest-bearing receivables            45.8              49.4              45.4
Equity ratio (%)                        47.9              36.7              47.6
Gross investments                       16.0             142.4             284.1
Gross investments,                                                              
% of net sales                           5.3              51.6              22.3
Average number of personnel            5,700             5,418             5,947


Accounting Principles                                                           

This interim report has been compiled in accordance with the IAS 34 Interim     
Financial Reporting standard. In producing this interim report, the company has 
applied the same accounting principles as in its Financial Statements 2007. The 
figures given in the interim report are unaudited.                              


ATRIA PLC                                                                       

CONSOLIDATED BALANCE SHEET                                                      

Assets                                                                          
mill. EUR                            31-3-08           31-3-07          31-12-07

Non-current assets                                                              
 Property, plant and equipment         458.8             370.2             455.6
 Goodwill                              151.9              57.3             151.8
 Other intangible assets                64.1              32.3              64.3
 Loan and                                                                       
 other receivables                      45.1              43.1              43.6
 Investments                             6.9             130.1               8.7

Total                                  726.8             633.0             724.0

Current assets                                                                  
 Inventories                            96.5              77.5              87.3
 Trade and                                                                      
 other receivables                     145.6             125.0             153.8
 Cash in hand                                                                   
 and at bank                            24.7              27.3              35.6

Total                                  266.8             229.8             276.7

Total assets                           993.6             862.8           1 000.7


Equity and liabilities                                                          
mill. EUR                            31-3-08           31-3-07          31-12-07

Equity                                                                          
 Shareholders´ equity                  473.7             310.3             474.1
 Minority interest                       1.9               5.9               1.9

Equity, total                          475.6             316.2             476.0

Non-current liabilities                                                         
 Interest-bearing                                                               
 liabilities                           179.6             219.6             194.1
 Deferred tax liabilities               42.7              26.8              42.8
 Other non-interest-bearing                                                     
 liabilities                             0.8               0.3               0.3

Total                                  223.1             246.7             237.2

Current liabilities                                                             
 Interest-bearing                                                               
 liabilities                           148.3             156.2             127.8
 Trade and                                                                      
 other payables                        146.6             143.7             159.7

Total                                  294.9             299.9             287.5

Liabilities, total                     518.0             546.6             524.7

Total equity and liabilities           993.6             862.8           1 000.7


CONSOLIDATED INCOME STATEMENT                                                   

mill. EUR                             1-3/08            1-3/07           1-12/07

Net sales                              303.4             276.0           1 272.2
Expenses                              -284.6            -254.0          -1 133.2
Depreciations                          -12.0             -10.5             -44.5

EBIT                                     6.8              11.5              94.5
* % of net sales                         2.2               4.2               7.4

Financial income and                                                            
expenses                                -3.3              -3.9             -14.3
Income from associates                                                       0.4

Profit before tax                        3.5               7.6              80.6
* % of net sales                         1.2               2.8               6.3

Income taxes                            -1.4              -2.1             -13.0

Profit for the period                    2.1               5.5              67.6
* % of net sales                         0.7               2.0               5.3

Profit distribution for                                                         
the accounting period:                                                          
 To parent company´s                                                            
 shareholders                            2.1               5.5              66.7
 To the minority                                          -0.2               0.9
Total                                    2.1               5.3              67.6

Basic earnings/share, €                 0.07              0.23              2.56

Diluted                                                                         
earnings/share, €                       0.07              0.23              2.56


CALCULATION OF CHANGES IN SHAREHOLDERS' EQUITY                                  

mill. EUR   Equity belonging to the shareholders of the parent    Mino- Share-  
            company                                               rity  holders'
                                                                  inte- equity  
            Share    Share   Fair  Inv.   Trans- Retained  Total  rest  in total
            capital  premium value non-   lation earnings                       
                             fond  rest.  diff.                                 
                                   equity                                       
                                   cap.                                         

Shareholders'                                                                   
equity                                                                          
1-1-2007      39.3   138.5                   0.7   128.1   306.6    5.8    312.4

Translation                                                                     
differences                                 -1.6            -1.6   -0.1     -1.7
Profit for                                                                      
the period                                           5.3     5.3    0.2      5.5

Shareholders'                                                                   
equity                                                                          
31-3-2007     39.3   138.5                  -0.9   133.4   310.3    5.9    316.2

Shareholders'                                                                   
equity                                                                          
1-1-2008      48.1   138.5     1.9   110.5  -3.4   178.5   474.1    1.9    476.0

Translation                                                                     
differences                                 -0.8            -0.8            -0.8
Other changes                 -1.8     0.1                  -1.7            -1.7
Profit for                                                                      
the period                                           2.1     2.1             2.1

Shareholders'                                                                   
equity                                                                          
31-3-2008     48.1   138.5     0.1   110.6  -4.2   180.6   473.7    1.9    475.6


CASH FLOW STATEMENT FOR GROUP                                                   

mill. EUR                             1-3/08            1-3/07           1-12/07

Cash flow from operating activities                                             
 Operating activities                    5.5             -12.2              92.3
 Financial items and taxes              -7.3              -5.6             -28.4

Cash flow from operating activities,                                            
total                                   -1.8             -17.8              63.9

Cash flow from investing activities                                             
 Tangible and intangible assets        -14.3             -20.3             -92.1
 Investments                            -0.5              -0.1              -1.4
 Disposals of subsidiaries                                                  39.1
 Acquisitions of subsidiaries                            -103.2           -124.6

Cash flow from investing activities,                                            
total                                  -14.8            -123.6            -179.0

Cash flow from financing activities                                             
 Cash share issue                                                          116.5
 Loans drawn down                       53.0             146.5             304.1
 Loans repaid                          -47.3             -13.5            -292.1
 Dividends paid                                                            -13.7

Cash flow from financing, total          5.7             133.0             114.8

Change in liquid funds                 -10.9              -8.4              -0.3


SEGMENT-SPECIFIC INFORMATION                                                    
GEOGRAPHICAL                                                                    

mill. EUR                             1-3/08            1-3/07           1-12/07

Net sales                                                                       
 Finland                               180.9             169.5             749.6
 Scandinavia                           105.1              92.3             457.8
 Russia                                 16.3              16.0              65.6
 Baltic                                  5.5               6.7              26.7
 Eliminations                           -4.4              -8.5             -27.5
Total                                  303.4             276.0           1 272.2

EBIT                                                                            
 Finland                                 2.2              10.1              43.2
 Scandinavia                             5.8               1.8              54.9
 Russia                                  0.5               1.2               4.3
 Baltic                                 -1.0              -0.9              -4.4
 Unallocated                            -0.7              -0.7              -3.5
Total                                    6.8              11.5              94.5

Operative EBIT                                                                  
 Finland                                 2.2              10.1              43.2
 Scandinavia                             5.8               1.8              20.5
 Russia                                  0.5               1.2               4.3
 Baltic                                 -1.0              -0.9              -3.1
 Unallocated                            -0.7              -0.7              -3.5
Total                                    6.8              11.5              61.4


CONTINGET LIABILITIES                                                           

mill. EUR                            31.3.08           31.3.07          31.12.07

Debts with mortgages or other                                                   
collateral given as security                                                    

 Loans from financial                                                           
 institutions                            4.9              98.5              13.5
 Pension fund loans                      4.8               7.0               4.6
Total                                    9.7             105.5              18.1

Mortgages and other securities given                                            
as comprehensive security                                                       
 Real estate mortgages                  12.0              87.5              22.0
 Corporate mortgages                     2.1              45.8               2.2
 Other securities                       40.0              53.0              45.4
Total                                   54.1             186.3              69.6

Guarantee engagements not included                                              
in the balance sheet                                                            

 Unused limits                          30.2              44.3              30.2

 Guarantees                              3.4               3.8               3.6



ATRIA PLC                                                                       
Board of Directors                                                              

For further information, please contact Mr Matti Tikkakoski, President and CEO, 
tel. +358 50 2582.                                                              

DISTRIBUTION                                                                    
Helsinki Exchanges                                                              
Main media                                                                      
www.atria.fi                                                                    

The interim report is available via mail upon request and online at             
www.atria.fi/konserni.
atria interim report 1_2008.pdf

Jaa

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