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via argaam.comBusiness & Companies

Horizon Food expects a 15% cost increase from higher electricity and water tariffs

FROM THE WIRE · ARGAAM.COM

Horizon Food Co. expects electricity and water costs to rise by approximately 15% in the fiscal year ending Dec. 31, 2027, following revised industria

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA roughly 15% rise in electricity and water costs could pressure the company's margins in fiscal 2027.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Horizon Food expects electricity and water costs to rise by about 15%.
  2. 02The increase applies to the fiscal year ending December 31, 2027.
  3. 03The estimate follows revised industrial tariffs.

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