Orior cuts sales forecast on pork prices, weather

Swiss food-and-drinks group Orior has lowered its annual sales forecast due to fluctuating pork prices and sweltering European weather. The company reported a 7.1% drop in net sales and a 5.7% decrease organically in a stock-exchange filing. Orior, known for brands such as Rapelli charcuterie and Biotta juices, now anticipates a 6-8% decline in organic sales, up from its previous projection of 3-6%.

While the company sees confidence in the second half of 2026, it described the trading environment as "challenging." Factors contributing to the decline include trading disruptions in the Swiss retail market, volatile pork prices, and adverse weather conditions that have altered consumer demand and led to barbecue bans due to wildfire risks.

Orior's first-half net sales fell to SFr283.3m, down from SFr304.9m a year earlier, with sales across all segments declining. Despite the challenges, the company noted improvements in procurement and continued cost discipline, which aided profits with EBITDA up 15.7% and EBIT increasing 88.1%. Adjusted EBITDA fell 4.8% to SFr15.5m, while net profit more than trebled to SFr4.6m.

Orior remains positive on its operational performance and kept its forecast for adjusted EBITDA margins at 6.3-6.6%.