Graal fish producer increases income

20-02-2007, 15:41

Warsaw (Puls Biznesu) – Graal, the listed fish producer, met its 2006 financial forecasts. In the fourth quarter of last year, the company increased sales by 52 percent to PLN 73.7m (EUR 18.9m) and the net income by 26 percent to over PLN 3m.

Warsaw (Puls Biznesu) – Graal, the listed fish producer, met its 2006 financial forecasts. In the fourth quarter of last year, the company increased sales by 52 percent to PLN 73.7m (EUR 18.9m) and the net income by 26 percent to over PLN 3m.

“As usually, the last months of the year are the period of the highest sales. We managed to improve them substantially thanks to even wider offer of fish products”, Boguslaw Kowalski, Graal CEO said.

In 2006, the group had over PLN 223m of sales and PLN 11.2m of net income. The company hopes to further increase sales thanks to, among others, new products, including ready-to-eat dishes and pet food.

(PLN 1 = EUR 0.256)

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