PRFoods reported a decrease in sales revenue for the 2025/2026 first quarter, totaling €3.6 million, a 21% decline from the previous year. The Estonian production unit saw a significant drop in turnover by 64.7%, while sales in the UK remained stable at €3.1 million, representing 85.4% of the total group turnover.

The company’s gross profit was €0.7 million, lower than the previous year by €0.2 million. EBITDA from business activities was -€0.1 million, marking a €0.2 million decrease compared to the previous year. The first quarter net loss amounted to €0.8 million, impacted by restructuring-related effective interest expenses of €0.5 million.

Despite lower sales volumes, PRFoods’ financial position remains stable. The focus is on debt restructuring goals, improving production efficiency, controlling costs, and optimizing processes. While operational expenses increased due to lower sales, nominal costs remained controlled, setting the stage for margin improvement with revenue recovery.

External uncertainties and cautious retail ordering behavior may temporarily affect demand. However, some stabilization in selling prices is observed, with an expected demand uptick towards the year-end peak season for seafood consumption. The company continues to prioritize production efficiency, strategic product portfolio adjustments, and strengthening sales capabilities for competitiveness and long-term sustainability.

Read more at GlobeNewswire: AS-i PRFoods 2025/2026 majandusaasta 1. kvartali ja 3 kuu