Orior AGOrior cuts full-year sales forecast due to volatile pork prices and hot weather, with first-half sales down 7.1%.
Swiss food-and-drinks group Orior has lowered its full-year sales forecast, citing volatile pork prices and hot European weather. The company now expects a 6-8% decline in annual organic sales, a steeper drop than its previous projection of 3-6%. In its first-half results, net sales fell 7.1% to SFr283.3m, with organic sales down 5.7%, while adjusted EBITDA declined 4.8% to SFr15.5m and net profit more than trebled to SFr4.6m. Orior, which owns brands like Rapelli and Biotta, attributed the weakness to disruptions in the Swiss retail market, lower pork prices, and barbecue bans due to wildfire risks. The company maintained its adjusted EBITDA margin forecast of 6.3-6.6% and expressed confidence in the second half of 2026.
Orior AGOrior cuts full-year sales forecast due to volatile pork prices and hot weather, with first-half sales down 7.1%.