Brief: Raisio Q1 Comparable EBIT Down At EUR 4.7 Mln

Raisio Oyj

05/05/2021 06:34

May 5 (Reuters) - Raisio Oyj  RAIVV.HE :
    * RAISIO PLC'S INTERIM REPORT JANUARY−MARCH 2021
    * Q1 NET SALES EUR 50.0 MILLION VERSUS EUR 54.7 MILLION YEAR
AGO
    * Q1 COMPARABLE EBIT EUR 4.7 MILLION VERSUS EUR 6.6 MILLION
YEAR
AGO
    * IN 2021, RAISIO ESTIMATES THAT NET SALES WILL INCREASE
(NET
SALES IN 2020: EUR 233.6 MILLION).
    * COSTS ACCRUED AS A RESULT OF OUR FRONT-LOADED GROWTH
INVESTMENTS
WILL PUT PRESSURE ON OUR PROFITABILITY IN 2021

Source text for Eikon:  ID:nWkr2M0C4D 
Further company coverage:  RAIVV.HE 

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