Today, alongside the profit warning, another stock exchange release was issued.
The Pudasjärvi factory will be closed. However, Apetit pizzas will still be available in the future. They will be produced through contract manufacturing in Finland.
It has been decided to discontinue production at the Pudasjärvi frozen pizza factory and close the factory. Work at the frozen pizza factory will continue until approximately the end of 2026.
In the future, Apetit’s frozen pizzas will be produced through contract manufacturing in Finland. Contract manufacturing will begin during 2026. The production reorganization will not cause any delivery interruptions for the products.
The annual cost savings resulting from the closure of the Pudasjärvi frozen pizza factory will be approximately EUR 0.7 million starting from 2027. The Group’s one-off investment needs for the coming years will decrease by approximately EUR 3 million due to the factory closure. The one-off costs and write-downs related to the factory closure, impacting the operating profit for 2026, are approximately EUR 2.3 million.