Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Third party research

Atria: EUR 16m modernisation investment - aims for EUR 3m annual savings - Nordea

Atria

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
Atria plans EUR 16m investment in its Kauhajoki plant to modernise production and reorganise beef production to improve profitability. The company initiates change negotiations with aim to centralise beef cutting to Kauhajoki. The amount of work may be reduced by approximately 60 positions at Jyväskylä plant where the company aims to continue beef slaughtering. Atria targets EUR 3m annual savings through the investment and the centralisation of production (4% of our 2027E adjusted EBIT). We view the announcement as slightly positive as it underpins company's active role in managing its profitability in the market where the number of cattle farms (due to lower consumption of dairy products) and beef production has declined slightly in recent years. In addition to today's announcement, Atria has an extensive investment programme in its Nurmo facility where it has made investment decisions to modernise pancake (EUR 7m) and convenience food production (EUR 82m for which it has received EUR 25m grant from Business Finland).
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.