Raisio plc

Financial Statements Bulletin 2019

Financial Statements Bulletin of Raisio plc 12 February 2020, 8:30 a.m.

 

Raisio stabilised its core business operations and achieved profitable growth

FINANCIAL DEVELOPMENT IN BRIEF

January–December 2019

• The Group's net sales totalled EUR 236.3 (228.2) million, which signified a growth of +3.5%.
  EBIT was EUR 27.3 (16.6) million, accounting for 11.5 (7.3)% of net sales.
  Comparable EBIT was EUR 27.3 (25.6) million, accounting for 11.5 (11.2)% of net sales.
• The Healthy Food Segment's net sales totalled EUR 137.5 (137.7) million.
  EBIT was EUR 18.2 (17.1) million, accounting for 13.2 (12.4)% of net sales.
  Comparable EBIT was EUR 18.2 (16.1) million, accounting for 13.2 (11.7)% of net sales.
• The Healthy Ingredients Segment's net sales totalled EUR 124.6 (116.6) million.
  EBIT was EUR 12.5 (12.9) million, accounting for 10.0 (11.0)% of net sales.
• The Group's cash flow from business operations after financial items and taxes totalled EUR 23.3 (11.5) million.
• Return on Invested Capital (ROIC) was 13.9 (8.1)%.
• The Board of Director’s dividend proposal for the Annual General Meeting is EUR 0.13 per share.

October–December 2019

• The Group's net sales totalled EUR 54.5 (55.6) million, which signified a decrease of -2.0%.
  EBIT was EUR 4.3 (-2.1) million, accounting for 7.9 (-3.8)% of net sales.
  Comparable EBIT was EUR 4.3 (5.0) million, accounting for 7.9 (9.0)% of net sales.
• The Healthy Food Segment's net sales totalled EUR 35.0 (35.4) million.
  EBIT was EUR 4.1 (4.7) million, accounting for 11.6 (13.2)% of net sales.
  Comparable EBIT was EUR 4.1 (3.5) million, accounting for 11.6 (9.9)% of net sales.
• The Healthy Ingredients Segment's net sales totalled EUR 25.7 (27.0) million.
  EBIT was EUR 1.8 (2.8) million, accounting for 7.1 (10.2)% of net sales.

 KEY FIGURES OF THE GROUP 

		10-12/2019	10-12/2018	1-12/2019	1-12/2018
Net sales	M€	54.5	55.6	236.3	228.2
Change in net sales	%	-2.0	3.7	3.5	-2.7
Comparable EBIT	M€	4.3	5.0	27.3	25.6
Comparable EBIT of net sales	%	7.9	9.0	11.5	11.2
EBIT	M€	4.3	-2.1	27.3	16.6
EBIT of net sales	%	7.9	-3.8	11.5	7.3
Comparable EBITDA	M€	5.9	6.4	33.6	31.3
EBITDA	M€	5.9	8.1	33.6	31.0
Comparable earnings per share	€	0.03	0.02	0.16	0.12
Earnings per share	€	0.03	-0.01	0.16	0.08

PRESIDENT AND CEO PEKKA KUUSNIEMI: