Poland: Henryk Kania Meat Company doubles profit

In the first three quarters of 2013, Henryk Kania Meat Company recorded a net profit of 9.9 million PLN with net revenues from sales of 413.6 million, double compared to the same period last year. In 2013 the profit was 4.7 million PLN and revenue 265.3 million PLN.

According to the company, they are continuously strengthening their position in the meat processing industry in Poland, implementing a development strategy based on increasing sales of products in new distribution channels.

"Our cooperation with retail networks give us the highest efficiency of production, which in the near future will allow us to grow significantly and clearly improve margins for manufactured meat products. The company intends to continue to expand production of high-margin ranges like dry and semi-dry products," a company spokesperson stated.

Source: Portal Spozywczy