Summary
The Board of Directors and Management of FirstFarms A/S have today
reviewed and adopted the un-audited quarterly accounts for the period
1 January - 31 March 2009.
Highlights
- FirstFarms has in the period achieved a turnover of DKK 11.6
million, an EBIT result of DKK -7.6 million and a pre-tax result of
DKK -8.6 million. The results are as expected.
- FirstFarms retains its expectations of a turnover of DKK 100-105
million, an EBIT result of DKK 6-11 million and a pre-tax result of
DKK 0-3 million.
- The crops have developed satisfactory according to the season and
the costs in the field production are decreasing. The world market
prices of grain and oilseed are increasing.
- The milk price is still low but in the world market there are
incipient signs of improvement.
Malacky, 28 May 2009
FirstFarms A/S
For further information:
Please visit our website www.firstfarms.com or
contact Managing Director Kim Stokholm on telephone +45 75 86 87 87.
