Brief: Raisio Reinitiates Its Financial Guidelines For 2022

Raisio Oyj

15/06/2022 11:32

June 15 (Reuters) - Raisio Oyj  RAIVV.HE :
    * RAISIO REINITIATES ITS FINANCIAL GUIDELINES FOR 2022
    * WITHDREW ITS FINANCIAL GUIDELINES FOR 2022 ON 3 MARCH
2022, WHEN
RUSSIA'S WAR OF AGGRESSION IN UKRAINE SUSPENDED ALL EXPORT
ACTIVITIES TO RUSSIA
    * NOTIFIED ON 29 APRIL 2022 THAT IT INTENDED TO SELL ITS
CONSUMER
BUSINESS IN RUSSIA, AND ON 13 MAY 2022 THAT TRANSACTION HAD BEEN
MADE, REGISTERED AND COMPLETED
    * RAISIO ANTICIPATES THAT NET SALES FOR ITS CONTINUING
OPERATIONS
IN 2022 WILL BE BETWEEN EUR 220-230 MILLION WITH A COMPARABLE
EBIT OF AROUND EUR 17-20 MILLION
    * FLUCTUATION MARGIN REFLECTS UNCERTAINTY REGARDING FUTURE
DEMAND
AND PRICE DEVELOPMENT OF RAW MATERIALS

Source text for Eikon:  ID:nWkrgyrlD 
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