EE: Atria Baltic revenues down by 6.7% y/y in Q3.

By bne IntelliNews November 2, 2012
Baltic subsidiary of Finnish Atria group recorded revenues of EUR 8.4mn in Q3, down by 6.7% y/y, the company announced. Atria Baltic distributes Atria, Maks & Moorits, Woro, and VK trademarks. EBIT stood at EUR 0.4mn, flat y/y. Sales in Jan-Sep amounted to EUR 25.4mn, down by 3.4% y/y. EBIT in Jan-Sep amounted to EUR 1.3mn, down by 23.5% y/y. The company indicates that results were worse due to growing raw materials prices.

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