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Poultry Producer CEO Upbeat Despite Lower 2006 Profits

by 5m Editor
3 April 2007, at 8:25am

SLOVENIA - Perutnina Ptuj, Slovenia's largest poultry producer, faced bird flu and rising costs of fodder in 2006, chairman Roman Glaser told the press in Ljubljana on Tuesday, 27 March. Despite the adverse circumstances, the company did not lose too much in comparison with 2005, posting a gross profit of EUR 4.2m, down EUR 0.2m.

The group's consolidated gross profit stood at EUR 5.6m, Glaser added, with net revenues at EUR 156.9m. The revenues of core company Perutnina Ptuj amounted to EUR 112.6m.

Glaser said that the company suffered an EUR 1.1m loss because of bird flu. One of the consequences of the disease was a ban on imports of poultry products from Slovenia by Bosnia and Serbia.

The losses were reimbursed partly by the state and partly with EU funds.

Glaser added that the company was aware of swine fever. It has imposed all the necessary measures and warned small-scale farmers.

The company plans to continue strengthening its position on foreign markets and plan new investments, he added.

5m Editor