Switzerland's Orior has lowered its forecast for annual sales on the back of "volatile" pork prices and the recent hot weather in Europe.
The food-and-drinks group was already projecting a decline in sales and its forecast has worsened.
In a stock-exchange filing yesterday (25 August), Orior reported a 7.1% fall in net sales and a 5.7% decline organically, a result the company described as "in line with expectations".
Nonetheless, Orior, home to brands including Rapelli charcuterie and Biotta juices, is forecasting a 6-8% decline in annual organic sales compared to its previous projection of a 3-6% decrease. Last year, the company's sales by that metric fell 1.5%.
"Orior looks to the second half of 2026 with confidence," the company insisted.
#orior #company
The food-and-drinks group was already projecting a decline in sales and its forecast has worsened.
In a stock-exchange filing yesterday (25 August), Orior reported a 7.1% fall in net sales and a 5.7% decline organically, a result the company described as "in line with expectations".
Nonetheless, Orior, home to brands including Rapelli charcuterie and Biotta juices, is forecasting a 6-8% decline in annual organic sales compared to its previous projection of a 3-6% decrease. Last year, the company's sales by that metric fell 1.5%.
"Orior looks to the second half of 2026 with confidence," the company insisted.
#orior #company
2 hours ago
