Atria announces amendment to the 2010 result forecast for Russia Atria has previously stated that it aims to reach a profitable business result in Campomos, its Moscow-based meat processing company, during 2010. However, despite positive development, the full-year business result of neither Campomos nor Atria Russia will be profitable yet in 2010. Campomos' profit development has been positive during 2009, and we forecast this trend to continue. The sales and marketing investments related to Campomos products that were initiated during 2009 will gain momentum next year. Atria Russia invests heavily in the development of primary production and increasing production capacity. Atria and its Danish partners have started an important project in Russia to ensure the availability of local pork. Investments in the production of pork and the start-up of a new plant in Gorelovo in early 2010 will strengthen Atria Russia's future competitiveness. During 2010, the start-up of the Gorelovo plant will increase fixed costs by approximately EUR 4 million a year. The start-up of production in the new plant will also cause some additional costs. Further information is available from Matti Tikkakoski, President and CEO of Atria Plc, tel. +358 50 2582. Atria Plc Matti Tikkakoski President and CEO Distribution: NASDAQ OMX Helsinki Ltd Principal media www.atria.fi
Stock exchange releases | 17.12.2009