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Last €5.07 EUR
Change Today -0.404 / -7.38%
Volume 0.0
HK4 On Other Exchanges
As of 2:01 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

hkscan oyj-a shs (HK4) Snapshot

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04/13/15 - €5.92
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hkscan oyj-a shs (HK4) Details

HKScan Oyj produces, markets, and sells pork, beef, poultry and lamb products, processed meats, and convenience foods to the retail, food service, industrial, and export customers. The company sells its products under the HK, Kariniemen, Tamminen, Kivikylän, Portti, Scan, Pärsons, Rose, Rakvere, Tallegg, Rigas Miesnieks, Jelgava, and Klaipedos Maistas brand names. It operates in Finland, Sweden, Estonia, Latvia, Lithuania, Poland, Denmark, the United Kingdom, the Russian Federation, and Germany. HKScan Oyj exports its products to approximately 50 countries. The company was founded in 1913 and is headquartered in Turku, Finland. HKScan Oyj is a subsidiary of LSO Osuuskunta.

7,327 Employees
Last Reported Date: 03/19/15
Founded in 1913

hkscan oyj-a shs (HK4) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €639.0K
Compensation as of Fiscal Year 2014.

hkscan oyj-a shs (HK4) Key Developments

HKScan Corporation to Establish Sales Office in Hong Kong

HKScan Corporation has announced that it is investing in its export business by establishing a sales office in Hong Kong in 2015. HKScan additionally plans to open a local sales office in China as soon as the necessary approvals are secured from the Finnish authorities and exports from Finland to China get under way. HKScan has already completed extensive preparations for the sales offices. In the future, the Hong Kong office is also planned to assume responsibility for marketing and customer service in other Far Eastern markets. The Chinese sales office would focus exclusively on the Chinese market. It is extremely important to HKScan that diligent, systematic efforts continue to secure approvals from the authorities for exporting various different meats and processed goods from all the Group's production countries.

HKScan Oyj Announces Audited Consolidated and Parent Earnings Results for the Year Ended December 31, 2014

HKScan Oyj announced audited consolidated and parent earnings results for the year ended December 31, 2014. For the year, on consolidated basis, the company's net sales were EUR 1,988.7 million compared with EUR 2,113.2 million a year ago. Operating profit was EUR 55.5 million compared with EUR 11.7 million a year ago. Profit before taxes was EUR 51.2 million compared with EUR 6.7 million a year ago. Return on equity was 13.4% compared with 2.4% a year ago. Profit for the period attributable to equity holders of the parent was EUR 56.7 million compared with EUR 8.7 million a year ago. Diluted earnings per share were EUR 1.05 compared with EUR 0.16 a year ago. Cash flow from operating activities was EUR 63.3 million compared with EUR 110.8 million a year ago. For the year, on parent basis, the company's operating profit was EUR 104.0 million compared with operating loss of EUR 12.6 million a year ago. Profit before extraordinary items was EUR 120.0 million compared with loss of EUR 7.3 million a year ago. Profit after extraordinary items was EUR 120.0 million compared with loss of EUR 7.3 million a year ago. Profit for the period was EUR 120.7 million compared with loss of EUR 5.6 million a year ago. Cash flow from operating activities was EUR 1.4 million compared with cash flow used in operating activities of EUR 0.8 million a year ago. Purchase of other fixed assets was EUR 0.86 million compared with EUR 0.52 million a year ago.

HKScan Corporation Proposes Dividend and Additional Dividend, Payable on April 23, 2015

HKScan Corporation announced that the Annual General meeting of shareholders of the company to be held on April 14, 2015, has proposed dividend of EUR 0.10 and an additional dividend of EUR 0.39 be paid for each share. The Board of Directors proposes that the record date for the dividend payment be 16 April 2015 and the payment date be 23 April 2015.


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