September 23, 2017 2:49 PM ET

Food Products

Company Overview of OOO Pit-Product

Company Overview

OOO Pit-Product offers meat processing and packaging services. It supplies its products under the Pit Produkt label to supermarket chains. The company operates two production plants and a pork farm in the Leningrad region. The company was founded in 1996 and is based in St. Petersburg, Russia. As of September 15, 2005, OOO Pit-Product operates as a subsidiary of Atria Oyj.

pr. Obukhovskoy Oborony 70

St. Petersburg,  193029

Russia

Founded in 1996

Phone:

7 812 412 8822

Fax:

7 8123 46 61 76

Key Executives for OOO Pit-Product

General Manager
Age: 44
Compensation as of Fiscal Year 2017.

OOO Pit-Product Key Developments

Atria Russia Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2017

Atria Russia reported unaudited earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net sales of EUR 18.7 million compared to EUR 13.6 million a year ago. The increase in Net Sales were due to increased sales to retail and in the Sibylla business. Food Service sales declined during the review period. The results were brought down by an increase in meat raw materials costs compared to the previous year and investments in marketing. EBIT loss was EUR 1.7 million compared to EUR 0.7 million a year ago. In Russia, EBIT was brought down by higher raw material prices. Adjusted EBIT loss was EUR 1.7 million compared to EUR 0.7 million a year ago.

Atria Russia Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016

Atria Russia announced unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net sales of EUR 21.1 million against EUR 18.6 million a year ago. LBIT was EUR 0.6 million against EUR 0.4 million a year ago. Adjusted LBIT was EUR 0.6 million against EUR 0.4 million a year ago. The increase in Net Sales were due to increased sales to retail; the Christmas and New Year season sale was a success. For the full year, the company reported net sales of EUR 71.8 million against EUR 75.1 million a year ago. LBIT was EUR 0.7 million against EUR 0.2 million a year ago. Adjusted LBIT was EUR 0.7 million against EUR 2.1 million a year ago. Adjusted EBIT was boosted by increased sales of Sibylla products and sales to retail, especially in the latter half of the year.

Atria Russia Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Atria Russia announced earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported net sales of EUR 17.6 million compared to EUR 21.5 million a year ago. EBIT was EUR 0.1 million compared to EUR 1.9 million a year ago. Adjusted EBIT was EUR 0.1 million compared to EUR 0.1 million a year ago. For the six months, the company reported net sales of EUR 31.2 million compared to EUR 37.3 million a year ago. LBIT was EUR 0.6 million compared to EUR 0.3 million a year ago. Adjusted LBIT was EUR 0.6 million compared to EUR 2.2 million a year ago.

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