Sokołów has good QI despite difficulties in meat market

This period is generally the hardest for meat companies, which is caused to a great extent by the long lent period. The situation normally corrects itself after Easter, which did not fall until the middle of April this year. Despite this, the company's operating result improved by 110%   year-on-year to reach zł.14 million. The net result increased by 88% to reach zł.8.6 million. The management board say that these good results are mainly due to an improvement in profits within certain companies in the group. Sokołów-Service produced the highest earnings. The growth in the group's sales revenues was less spectacular; this was 15.5% on revenues of zł.375 million. The price of meat has a decisive influence on the company's results. Bird flue and the ban on exports to Ukraine and Russia had an impact. The company also had to deal with a strong złoty, which made foreign sales less profitable. (Parkiet p.5) S.D.