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April 21, 2015 10:08 AM ET

Food Products

Company Overview of Perutnina Ptuj, d.d.

Company Overview

Perutnina Ptuj, d.d. produces and supplies poultry meat and products in Europe. It offers poultry, chicken, and turkey meat; chicken soups, marinated meat, chicken frankfurters, sausage products, cold cut products, and unsliced products; and ready-made products. The company was founded in 1905 and is headquartered in Ptuj, Slovenia.

Potrceva cesta 10

Ptuj,  2250

Slovenia

Founded in 1905

Phone:

386 2 749 0100

Fax:

386 2 749 0130

Key Executives for Perutnina Ptuj, d.d.

Chairman of The Board of Directors and General Manager
Age: 67
Director of Economics and Finance and Director
Age: 62
Director of Human Resources & General Affairs and Director
Age: 68
Director of Marketing & Purchase and Member of The Board of Directors
Age: 58
Director
Compensation as of Fiscal Year 2014.

Perutnina Ptuj, d.d. Key Developments

Perutnina Ptuj Reports Consolidated and Parent Earnings Results for the Year 2014

Perutnina Ptuj reported consolidated and parent earnings results for the year 2014. For the year, on consolidated basis, the company reported consolidated operating profit of EUR 14.3 million in 2014 while sales revenue totalled EUR 257 million. Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 26.3 million compared to consolidated EBITDA of EUR 23.5 million in 2013 while sales revenues totalled EUR 265 million. For the year, on parent basis, the company reported operating profit of EUR 8.3 million in 2014 on sales of EUR 144 million.

Probanka Calls For Bids To Sell 7.7% stake In Perutnina Ptuj

Probanka DD has published a call to sell its 7.7% stake in Perutnina Ptuj, d.d., local media reported. Probanka has invited bids for 0.45 million shares in Perutnina Ptuj as well as for €4.75 million in claims, daily Delo reported. Binding bids should be sent by April 17, 2015.

Perutnina Ptuj Weighing Possible Sale As Per Sources

Perutnina Ptuj, d.d. is exploring options including a sale that might value the company at as much as €140 million, sources familiar with the matter said. Perutnina Ptuj could attract interest from larger European meat companies which include France's Societe LDC or Sweden's Scandi Standard. Perutnina Ptuj has hired BNP Paribas as an advisor to help it explore strategic options, according to two sources, which declined to comment as the matter is private. Spokesmen for Perutnina Ptuj and BNP Paribas declined to comment.

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