Brief: Raisio Withdraws Its Guidance For 2020

Raisio Oyj

29/07/2020 15:11

July 29 (Reuters) - Raisio Oyj  RAIVV.HE :
    * RAISIO WITHDRAWS ITS GUIDANCE FOR 2020, GIVES A NEW
GUIDANCE AS
VISIBILITY IMPROVES
    * DUE TO POTENTIAL SECOND WAVE OF COVID-19 PANDEMIC AND
PROLONGED
STATE OF PANDEMIC IN GENERAL, RAISIO WITHDRAWS ITS OUTLOOK FOR
2020
    * UNEXPECTED CHANGES IN CONSUMER BEHAVIOUR CAUSED BY
PANDEMIC
CONTINUE TO INFLICT SIGNIFICANT INSECURITY IN OUR DIFFERENT
MARKETS DURING SECOND HALF OF YEAR
    * RAISIO'S PREVIOUS GUIDANCE 12(TH) FEBRUARY, 2020: IN 2020,
RAISIO EXPECTS ITS NET SALES FOR CONTINUING OPERATIONS TO GROW
(2019: EUR 236.3 MILLION) AND COMPARABLE EBIT TO BE OVER 10 PER
CENT OF NET SALES
    * RAISIO WILL ISSUE A NEW OUTLOOK IN CASE SITUATION
STABILIZES.

Source text for Eikon:  ID:nWkr7v0THy 
Further company coverage:  RAIVV.HE 

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