Atria plans measures to improve the competitiveness of its poultry business in Finland

Atria Plc, Company Announcement, inside information, 19 September 2022, at 14.00 
 
Atria plans measures to improve the competitiveness of its poultry business in Finland 
 
In a changed operating environment as well as competitive and market environment, Atria aims to improve the competitiveness and profitability of its poultry business and increase the efficiency of its industrial operations. 
 
Atria is launching a development programme to improve the competitiveness and profitability of its poultry business, which will be implemented in phases. In the first phase, Atria will start negotiations on changes in the poultry unit in Sahalahti in accordance with the collective redundancy law. The possible closure of the Sahalahti plant will be considered in the change negotiations. The change negotiations concern the entire workforce of the Sahalahti plant, approximately 130 people. Atria's other production sites are not affected by the change negotiations to be launched. With the planned measures, Atria is aiming at total annual savings of around EUR 5 million. The savings are expected to be realised from the end of 2024 onwards. 
 
In the second phase, negotiations will be launched in accordance with the collective redundancy law in the Nurmo poultry unit. The aim of these negotiations is to prepare for the commissioning of the new poultry plant and to prepare for the renewal of work tasks and working practices. 
   
For further information, please contact Mika Ala-Fossi, Managing Director of Atria Finland, tel. +358 40 831 0342. 
 
ATRIA PLC 
Juha Gröhn 
CEO 
 
DISTRIBUTION: 
Nasdaq OMX Helsinki Ltd 
Principal media 
www.atria.com