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    PRF1T   EE3100101031

AS PRFOODS

(PRF1T)
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PRF: Subsidiary of AS PRFoods is borrowing from the Rural Development Foundation

10/23/2020 | 11:00am EDT

AS PRFoods has approved the borrowing of the six-year investment loan in the amount of one million euros from the Rural Development Foundation by its subsidiary Osaühing Vettel under the measure „COVID-19 loan to bio- and rural enterprises” (aid measure 3.3). The interest rate of the loan will be 2.5% for the first two years and 4.5% thereafter. The investment loan shall be used for automatization of the factory of Osaühing Vettel in Saaremaa. The loan is secured by a mortage and a commercial pledge on the assets of Osaühing Vettel to the following rankings of existing creditors and a 100% guarantee from AS PRFoods.

Indrek Kasela
AS PRFoods
Mermber of the Management Board
T: +372 452 1470
investor@prfoods.ee
www.prfoods.ee

© OMX, source OMX

Stocks mentioned in the article
ChangeLast1st jan.
AS PRFOODS 0.50% 0.401 Delayed Quote.7.84%
ING GROEP N.V. -0.23% 11.218 Real-time Quote.47.08%
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Financials
Sales 2020 78,3 M 95,0 M 95,0 M
Net income 2020 -1,72 M -2,08 M -2,08 M
Net Debt 2020 20,7 M 25,1 M 25,1 M
P/E ratio 2020 -10,5x
Yield 2020 -
Capitalization 15,0 M 18,2 M 18,2 M
EV / Sales 2019 0,47x
EV / Sales 2020 0,47x
Nbr of Employees 277
Free-Float 85,8%
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Managers and Directors
NameTitle
Indrek Kasela Chairman-Management Board
Lauri Kustaa Äimä Chairman-Supervisory Board
Aavo Kokk Member-Supervisory Board
Vesa Jaakko Karo Member-Supervisory Board
Harvey Micahel Sawikin Member-Supervisory Board
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1st jan.Capitalization (M$)
AS PRFOODS7.84%18
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MONDELEZ INTERNATIONAL, INC.8.88%91 206
YIHAI KERRY ARAWANA HOLDINGS CO., LTD-14.89%78 024
THE KRAFT HEINZ COMPANY23.37%52 302
DANONE10.31%46 802