Brief: Raisio Increases Financial Targets For 2022-2025

Raisio Oyj

14/12/2022 10:06

Dec 14 (Reuters) - Raisio Oyj  RAIVV.HE :
    * INSIDE INFORMATION: RAISIO TO UPDATE ITS FINANCIAL TARGETS
FOR
THE STRATEGY PERIOD 2022-2025
    * UPDATED FINANCIAL TARGETS FOR STRATEGY PERIOD 2022-2025 -
COMPOUND ANNUAL GROWTH RATE (CAGR) FOR ENTIRE RAISIO GROUP IS 9%
(PREVIOUSLY 5%)
    * 2022-2025 COMPARABLE EBIT OF OVER 13% OF GROUP'S NET SALES
IN
2025 (PREVIOUSLY OVER 10%)
    * 2025 NET SALES TO EXCEED EUR 280 MILLION, COMPARABLE EBIT
TO
MORE THAN EUR 36 MILLION
    * UPDATING COMPANY'S FINANCIAL TARGETS WILL NOT AFFECT
RAISIO'S
STRATEGY, WHICH WAS PUBLISHED IN SUMMER OF 2021
    * NO CHANGES TO DIVIDEND POLICY

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