Raisio PLC: Interim Report Q3 and 9M-2023

Raisio / FI. (rg) Finland’s Raisio PLC announced its Third Quarter Interim Report January to September (9M-2023). The Group’s result continued to strengthen, operating environment remains challenging. Financial development in brief:

July-September 2023, continuing operations

  • The Group’s net sales totalled EUR 56.1 (56.5) million, which signified a decrease of 0.7 percent.
  • Comparable Ebitda was EUR 9.9 (8.9) million, which accounted for 17.6 (15.8) per cent of net sales.
  • Ebitda was EUR 9.6 (8.7) million, which accounted for 17.0 (15.3) per cent of net sales.
  • Comparable Ebit was EUR 7.4 (6.5) million, accounting for 13.1 (11.4) per cent of net sales.
  • Ebit was EUR 7.0 (6.2) million, which accounted for 12.5 (10.9) per cent of net sales.
  • The Group’s cash flow from continuing operations after financial items and taxes totalled EUR 15.0 (1.8) million.
  • Comparable earnings per share were EUR 0.04 (0.03) per share.
  • Earnings per share were EUR 0.04 (0.03) per share.

January-September 2023, continuing operations

  • The Group’s net sales totalled EUR 165.3 (165.2) million, which signified a growth of 0.0 percent.
  • Comparable Ebitda was EUR 24.8 (19,8) million, which accounted for 15.0 (12.0) per cent of net sales.
  • Ebitda was EUR 23.5 (19.5) million, which accounted for 14.2 (11.8) per cent of net sales.
  • Comparable Ebit was EUR 17.3 (12.3) million, accounting for 10.4 (7.5) per cent of net sales.
  • Ebit was EUR 16.0 (12.0) million, which accounted for 9.7 (7.3) per cent of net sales.
  • The Group’s cash flow from continuing operations after financial items and taxes totalled EUR 28.0 (0.4) million.
  • Comparable return on invested capital (ROIC) was 8.7 (4.4) per cent and the return on invested capital (ROIC) was 8.1 (4.3) per cent.
  • Comparable earnings per share were EUR 0.09 (0.05) per share.
  • Earnings per share were EUR 0.09 (0.05) per share.
For additional information please read the Company’s PDF file below (212 KB):

20231102-RAISIO-PLC-Q3-2023.