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Atria strengthens the competitiveness in the poultry business in Finland - poultry production will be centralized at the Nurmo factory

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Atria Oyj, Company announcement, inside information, November 18, 2022 at 1:30 p.m.

Atria strengthens the competitiveness in the poultry business in Finland - poultry production will be centralized at the Nurmo factory

Atria's change negotiations launched on 19th of September in accordance with the collective redundancy law regarding improving the competitiveness of the poultry business at the Sahalahti factory have been completed. In the changed operating environment and competitive and market situation, Atria's goal is to improve the competitiveness and profitability of the poultry business and increase the efficiency of industrial operations.

As a result of the negotiations, Atria has decided to centralize poultry production at the Nurmo factory and the Sahalahti factory will be closed during 2024. The change negotiations concerned the entire personnel of the Sahalahti factory, about 130 people. All those to be dismissed will be offered the opportunity to move to work at Atria's other factories in Finland.

With the measures, Atria is aiming for annual savings of around EUR 5 million. The savings are estimated to be realised from the end of 2024 onwards.

The change negotiations in Nurmo's poultry unit in accordance with the collective redundancy law are still continuing. The aim of these negotiations is to prepare for the introduction of the new poultry factory and prepare for the renewal of work tasks and operating methods.

For further information, please contact Matti Perälä, Senior Vice President of Poultry Business in Atria Finland, tel. +358 40 080 3445.


ATRIA PLC
Juha Gröhn
CEO

DISTRIBUTION:
Nasdaq OMX Helsinki Ltd
Principal media
www.atria.com

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