Brief: Raisio Lowers Outlook On 2018 Comparable EBIT

Raisio Oyj

13/12/2018 11:11

Dec 13 (Reuters) - Raisio Oyj  RAIVV.HE :
    * REG-RAISIO LOWERS ITS OUTLOOK ON 2018 EBIT
    * LOWERS ITS OUTLOOK ON 2018 COMPARABLE EBIT FOR CONTINUING
OPERATIONS, EXPECTING IT TO BE SOME 11 PER CENT OF NET SALES
    * EBIT DECLINE WAS PRIMARILY DUE TO EXCEPTIONALLY STRONG
CHANGES
IN PRICES OF RAISIO'S MAIN RAW MATERIALS
    * LONG-TERM CONTRACTS PARTICULARLY WITH INDUSTRIAL CUSTOMERS
HAVE
SLOWED DOWN PASSING OF INCREASED RAW MATERIAL COSTS ON TO
PRODUCT PRICES

Source text for Eikon:  ID:nGNE9nVQls 
Further company coverage:  RAIVV.HE 

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