PRFoods Quarterly Performance: Revenue Surge and Operational Turnaround

The Consolidated Unaudited Interim Report of AS PRFoods for the 1st quarter and 3 months of 2024/2025 financial year paints a picture of a company on the rebound, with a significant increase in revenue and an improvement in operational efficiency.

Revenue Growth and Profitability

PRFoods experienced a 35.3% increase in revenue, reaching 4.6 million euros in the 1st quarter of 2024/2025. The company's revenue growth was driven by a 207.1% increase in sales in Estonia, where revenue reached 1.5 million euros. Additionally, the UK market contributed to the overall growth, with a 6.4% increase in revenue, totaling 3.1 million euros. This growth can be attributed to cost-cutting measures, operational efficiency improvements, and expansion into new markets like Asia and North America.

EBITDA Margin Improvement

The positive EBITDA margin of 2.2% is a testament to PRFoods' turnaround in operational efficiency. The company's strategic focus on core activities, including exiting unprofitable businesses like rainbow trout farming, has contributed to this improvement. By reducing debt and streamlining operations, PRFoods has managed to enhance its profitability and protect the interests of investors and employees.

Market Dynamics and Consumer Behavior

Changes in consumer behavior and market dynamics have influenced PRFoods' revenue growth in Estonia and the UK. Factors such as the stabilization or decrease in retail prices for fish products, strong demand during the Christmas season, and expansion into new markets have contributed to the company's revenue growth. Despite crises and volatile situations, the UK market has maintained a positive profit margin, demonstrating the management's resilience and the region's strong fish brand.

Looking Ahead

As PRFoods continues to work on restructuring options for its debt obligations and preparing a corresponding proposal, the company's focus remains on improving operational sustainability and protecting the interests of investors and employees. With a stronger foundation and improved efficiency, PRFoods is well-positioned to achieve its desired success.




In conclusion, PRFoods' Consolidated Unaudited Interim Report for the 1st quarter and 3 months of 2024/2025 financial year showcases a company on the rebound, driven by revenue growth, operational efficiency improvements, and a strategic focus on core activities. As the company continues to navigate challenging market conditions and volatile times, its ability to adapt and innovate will be crucial for sustained success.