Tallinn, Estonia, 2015-04-12 23:38 CEST (GLOBE NEWSWIRE) -- The unaudited consolidated turnover of PRFoods in the 1st quarter of 2015 increased, if compared to the 1st quarter of 2014, by 1.3%, i.e 0.1 million euro.
| Turnover (mEUR) | Q1 2015 | Q1 2014 | Change |
| Cold and hot smoked products | 3.8 | 3.9 | -3.3% |
| Other fish products | 2.1 | 2.1 | +3.1% |
| Fish and fishfilet | 4.4 | 4.1 | +6.5% |
| Other | 0.0 | 0.1 | -98.6% |
| Total | 10.3 | 10.2 | +1.3% |
The highest increase of 0.3 million euro, i.e 6.5%, came from the fish and fishfilet product group. In the retail sector the turnover decreased -0.1 million euro, i.e -3.3%, in cold and smoked products groups. The turnover decreased in hot smoked product group by -0.2 million euro, i.e -9.6%, and increased in cold smoked product group by 0.1 million euro, i.e 8.5%.
Based on client segments the turnover increased in wholesale in total by 0.4 million euro, i.e 28.3%, and decreased in both HoReCa and retail sector by -0.1 million euro. In HoReCa sector the decrease was
-4.1% and in retail sector -1.3%.
Turnover by target market
| Turnover by target market (mEUR) | Q1 2015 | Q1 2014 | Change |
| Finland | 9.3 | 8.7 | +6.4% |
| Estonia | 0.9 | 1.2 | -20.1% |
| Other | 0.1 | 0.3 | -63.2% |
| Total | 10.3 | 10.2 | +1.3% |
In the first quarter of 2015, the turnover increased by 0.6 million euro in the Finnish market. The proportion of total turnover of PRFoods AS in the 1st quarter of 2015 generated in the Finnish market was 90.1%, which means an increase by 4.3 percentage points compared to the same period of previous year. PRFoods focus is to increase margins in Value Added Products in our core market of Finland and opening up new export markets in near term.
Indrek Kasela
AS PRFoods
Member of the Management Board
T: +372 6033 800
indrek.kasela@prfoods.ee
www.prfoods.ee