Brief: Raisio Q2 EBIT Falls To EUR 4.5 Mln

Raisio Oyj

04/08/2021 06:43

Aug 4 (Reuters) - Raisio Oyj  RAIVV.HE :
    * RAISIO PLC'S HALF-YEAR FINANCIAL REPORT JANUARY − JUNE
2021
    * Q2 NET SALES TOTALLED EUR 66.7 (59.9) MILLION, WHICH
SIGNIFIED A
GROWTH OF 11.3%
    * Q2 EBIT WAS EUR 4.5* (7.0) MILLION, WHICH ACCOUNTED FOR
6.8
(11.6)% OF NET SALES
    * 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:nWkr3FGQ4d 
Further company coverage:  RAIVV.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))