In January-March, net sales from continuing operations increased by 15.6% to 457.6 (395.9) M€. The comparable EBIT from continuing operations was -1.8 (-4.0) M€. Sales price increases covered the increase in costs. Profitability improved due to production efficiency improvements and cost saving measures.
The report summarises HKScan’s key events of 2022 and provides a comprehensive package on the progress of our responsibility work. The Annual and Responsibility Report also includes the Report of the Board of Directors and Financial Statements, Corporate Governance Statement and Remuneration Report.
“The sale of the Baltic business will improve HKScan's profitability and strengthen its balance sheet. In addition, the divestment will enhance our ability to improve our operational efficiency and to execute our long-term strategy of growing into a versatile food company," says HKScan's interim CEO Juha Ruohola.
Securing local food production is our shared mission. Smart practices ensure that you can always rely on the quality, responsibility and safety of the food produced in HKScan’s home markets. HKScan’s familiar brands and great-tasting food have been an important part of Northern Europeans’ food moments for over a hundred years. Now we all need to pull together so that we can continue to enjoy local food for the next hundred years.
On 2 March 2023, HKScan’s Board of Directors has appointed Juha Ruohola (57), Master of Agriculture and Forestry, eMBA, as CEO of HKScan Corporation. Ruohola has served as HKScan’s interim CEO since 29 September 2022. Prior to this, he has been HKScan’s EVP responsible for the Business Unit Baltic, the Polish business and the Group's exports and imports, and has held management positions in several other food companies.
At HKScan's continuing operations, we are about 5400 in Finland, Sweden, Denmark and Poland. Our value chain offers variety of professional opportunities. Visit our open positions and join us.
We make life tastier together with our personnel.
The food brand HK® connects mettwurst lovers with virtual reality by launching a digital mettwurst. The brand will create five NFTs, called the Metavurstis, and auction them on the OpenSea marketplace starting March 1.
On 11 January 2023, 110 years will have passed since twenty meat producers from south-west Finland founded Lounais-Suomen Osuusteurastamo (LSO). The same year, 1913, is also the year HKScan was founded.
We make responsible, delicious food with over hundred years of experience. For us, responsibility means genuine action throughout the value chain and continuous improvement. As a leading food company in the Nordics, we pave the way for more responsible food production.
