Alerts price jump on eggs and meat

Nortura la fram the result
for the first four-month period on Wednesday. It states that the cooperation of more than 17,000 egg and meat producers across the country has seen increased electricity prices, the war in Ukraine and increased transport costs.

When the report was presented, CEO Anne Marit Panengstuen announced increased prices for customers.

– International bottlenecks and the war in Ukraine create increased risk and inflationary pressures, which affects the economy of both livestock producers and the profitability of industry. This development means that the prices of eggs and meat will increase further in the second half of the year, says Panengstuen.

Expenses have increased by NOK 115 million and reduced Nortura’s operating profit before tax, which is NOK 117 million worse than in the same period last year.

– The price increase for diesel and electricity are the absolute largest cost items here. In addition, the cost of packaging has also increased sharply, says Panengstuen The nation.

(© NTB)

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