Brief: Raisio Q3 EBIT Falls To EUR 8.2 Million
03/11/2021 06:35
Nov 3 (Reuters) - Raisio Oyj RAIVV.HE :
* RAISIO PLC'S INTERIM REPORT JANUARY-SEPTEMBER 2021
* Q3 NET SALES TOTALLED EUR 69.5 (65.1) MILLION, WHICH
SIGNIFIED A
GROWTH OF 6.8%
* Q3 EBIT WAS EUR 8.2 (9.8) MILLION
* IN 2021, RAISIO ESTIMATES THAT NET SALES WILL INCREASE
(NET
SALES IN 2020: EUR 233.6 MILLION)
* FRONT-LOADED COSTS ACCRUED AS A RESULT OF OUR GROWTH
INVESTMENTS
WILL PUT PRESSURE ON OUR PROFITABILITY IN 2021 IN COMPARISON TO
SITUATION IN 2020
Source text for Eikon: ID:nWkr74fnBV
Further company coverage: RAIVV.HE
(Gdansk Newsroom)
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