Newsroom

ATRIA'S EARNINGS LESS THAN LAST YEAR

14.6.2005 14:00
ATRIA'S EARNINGS LESS THAN LAST YEAR

Atria's operations have undergone a powerful development. Turnover for the first
quarter increased by 19,5% with the second quarter also producing good growth.
The market share of Atria products continues to increase.

The prices of raw materials have risen significantly this year. The international
meat market situation has improved and prices have risen. Indeed, Atria's meat
production has been able to significantly improve its result. However, the
corresponding rise in the price of raw materials has had an impact on profits in
the meat product and convenience food industries. This especially applies to
Atria's Swedish subsidiary, Lithells, the profit performance of which is clearly
below that of last year. The cool spring has also impaired consumer demand for
meat products.

Atria's second quarter IAS result for last year included extraordinary earnings
of 3 million euro due to the accounting of disability pensions, which is not the
case this year.

Atria's earnings for the second quarter result will be lower than last year. It
is difficult to estimate at this stage what the earnings for the whole year will
be, but good sales development and the strengthening of Atria's market position
continue to compensate for the earnings loss due to the rise in raw material
prices


Atria will be reporting on Russia in the near future

Atria will be reporting on its possible intentions in the Russian market in the
near future. The objective has been that Atria would further strengthen its
market-leader position in the Baltic Sea region as a producer of meat products.
At the present time, Atria has industrial operations in Estonia and Lithuania, in
addition to Finland and Sweden.


ATRIA GROUP PLC

Seppo Paatelainen
CEO



DISTRIBUTION
Helsinki Exchanges
Principal media
www.atria.fi