HKScan Oyj - Company Announcement

HKScan lowers its operating profit outlook

HKScan Corporation             Stock Exchange Release      21 October 2016     
             at 8:00 a.m. 


HKScan lowers its operating profit outlook

HKScan Corporation estimates that its comparable operating profit for 2016 will
remain at the previous year’s level or below it. The reasons for the lowered
outlook are the weaker than anticipated sales performance in Sweden, as well as
higher purchase prices and the scarcity of beef raw material. 

HKScan previously expected that its comparable operating profit (EBIT) would
improve from 2015. 

HKScan will publish its January–September interim report on Wednesday 2
November. 



HKScan Corporation
Board of Directors


For further details, kindly contact Tuomo Valkonen, CFO, HKScan Corporation.
Please submit a call-back request via Marja-Leena Dahlskog, SVP Communications,
HKScan Corporation, marja-leena.dahlskog(at)hkscan.com or tel. +358 10 570
2142. 


HKScan is the leading Nordic meat expert. We produce, market and sell
high-quality, responsibly-produced pork, beef, poultry and lamb products,
processed meats and convenience foods under strong brand names. Our customers
are the retail, food service, industrial and export sectors, and our home
markets comprise Finland, Sweden, Denmark and the Baltics. We export to close
to 50 countries. In 2015, HKScan had net sales of approximately EUR 1.9 billion
and some 7 400 employees. 


DISTRIBUTION:
Nasdaq Helsinki
Main media
www.hkscan.com