Raisio PLC: Interim Report Q3 and 9M-2022

Raisio / FI. (rg) Finland’s Raisio Group announced its Third Quarter Interim Report January to September (9M-2022). The Group’s net sales totalled EUR 165.2 (146.3) million, which signified a growth of 13.0 percent in 9M-2022. Financial development in brief:

July to September 2022, continuing operations

• The Group’s net sales totalled EUR 56.5 (50.8) million, which signified a growth of 11.2 percent.
• Comparable Ebit was EUR 6.5 (6.7) million, accounting for 11.4 (13.2) percent of net sales. Comparable Ebit decreased by 4.0 percent in relation to the comparison period.
• Ebit was EUR 6.2 (6.7) million, which accounted for 10.9 (13.2) percent of net sales.
• The Healthy Food Segment’s net sales totalled EUR 36.7 (34.0) million. Comparable Ebit was EUR 6.6 (5.3) million, accounting for 18.1 (15.4) percent of net sales. Ebit was EUR 6.6 (5.3) million, which accounted for 18.1 (15.4) percent of net sales.
• The Healthy Ingredients Segment’s net sales totalled EUR 29.6 (25.3) million. Comparable Ebit was EUR 0.2 (1.7) million, accounting for 0.7 (6.8) percent of net sales. Ebit was EUR 0.2 (1.7) million, which accounted for 0.7 (6.8) percent of net sales.
• The Group’s cash flow from continuing operations after financial items and taxes totalled EUR 0.9 (6.6) million.
• The overall effect of currency conversions was EUR -0.2 (0.7) million on net sales, EUR 0.0 (0.1) million on the comparable Ebit and EUR 0.0 (0.1) million on Ebit.

January to September 2022, continuing operations

• The Group’s net sales totalled EUR 165.2 (146.3) million, which signified a growth of 13.0 percent.
• Comparable Ebit was EUR 12.3 (16.3) million, accounting for 7.5 (11.2) percent of net sales. Comparable Ebit decreased by 24.5 percent in relation to the comparison period.
• Ebit was EUR 12.0 (15.6) million, accounting for 7.3 (10.7) percent of net sales.
• The Healthy Food Segment’s net sales totalled EUR 107.4 (99.1) million. Comparable Ebit was EUR 13.4 (13.8) million, accounting for 12.5 (13.9) percent of net sales. Ebit was EUR 13.4 (13.6) million, which accounted for 12.5 (13.7) percent of net sales.
• The Healthy Ingredients Segment’s net sales totalled EUR 86.6 (70.0) million. Comparable Ebit was EUR 1.6 (4.7) million, accounting for 1.9 (6.7) percent of net sales. Ebit was EUR 1.6 (4.1) million, which accounted for 1.9 (5.9) percent of net sales.
• The Group’s cash flow from continuing operations after financial items and taxes totalled EUR -0.5 (19.2) million.
• The comparable return on investments (ROIC) was 4.4 (8.3) percent and the return on investments (ROIC) was 4.3 (7.9) percent.
• The overall effect of currency conversions was EUR 0.8 (-0.2) million on net sales, EUR 0.1 (0.1) million on comparable Ebit and EUR 0.1 (0.1) million on Ebit.

For additional information please read the Company’s PDF file below (252 KB):

20221102-RAISIO-PLC-Q3-2022.