BRIEF-Firstfarms FY EBIT loss narrows to DKK 2.8 mln
March 28 FIRSTFARMS A/S
* IN 2017, FIRSTFARMS EXPECTS AN EBIT-RESULT IN LEVEL OF DKK 18-22 MILLION
* EARNINGS IN 2017 ARE EXPECTED TO BE STABLE FOR MILK- AND PIG PRODUCTION IN EU
* 2017 CROP PRICES ARE EXPECTED TO BE ON PAR WITH REALISED PRICES IN 2016, AND A MILK PRICE OF DKK 2.50 IS EXPECTED
* IN 2017, COMPANY WILL WORK ON DEVELOPMENT OF PLATFORM FOR PIG PRODUCTION AND STABILISE OPERATION IN MILK PRODUCTION.
* FY NET TURNOVER DKK 130.3 MILLION VERSUS DKK 111.8 MILLION YEAR AGO
* 2016 EBIT-RESULT IS IMPROVED BY DKK 12 MILLION COMPARED TO 2015
* FY EBIT LOSS DKK 2.8 MILLION VERSUS LOSS DKK 14.7 MILLION YEAR AGO Source text for Eikon: Further company coverage: (Gdynia Newsroom)