Meat producer Duda hopes meat ban will be lifted

However, despite that, profit on sales dropped by 26% to zł.4.15 million. "This was due to Easter distribution. This will have a favorable influence on the results in Q2," said Maciej Duda, president of the stock-listed company. The company will focus on improving profitability and reducing costs rather than boosting revenues. Forecasts of the president envisage sales of zł.0.95-1 billion with net profits of zł.45 million. "These are very cautious forecasts," said Rafał Oleszak, a management board member of Duda. For instance the company did not include any sales with Ukraine in its forecasts, as it still remains unknown when the ban on trade with this country will finally be abolished. The company is, however, relating its hopes with Ukraine, which has a strong deficit in the production of pork. (Parkiet, p. 5) M.M.