Raisio PLC: to update financial targets 2022-2025

Raisio / FI. (rg) Finland’s Raisio PLC updated the financial targets for its strategy period 2022-2025 in December 2022. Since then, the sharp change in consumer behaviour that occurred in 2023 has been reflected in Raisio’s business as a halt in net sales growth. At the same time, Raisio’s profitability, however, has improved significantly. As visibility on market development continues to be low and consumer purchasing power is expected to remain weak also in 2024, Raisio updates its financial targets for the strategy period 2022-2025.

Raisio’s updated financial targets for the strategy period 2022-2025

Raisio continues to systematically promote its strategic focus areas but abandons the growth and profitability targets, published in December 2022, for the period ending in 2025. Raisio still has confidence in the long-term growth potential of its key categories, but the growth is slower than expected in the short term due to challenging market conditions.

Raisio’s previous financial targets for the strategy period 2022-2025

• the compound annual growth rate (CAGR) for the entire Raisio Group is 9 percent
• the CAGR of the combined net sales of the three strategic focus areas (Benecol and plant stanol ester solutions; value added oat products and ingredients; plant proteins) is 11 percent
• comparable Ebit of over 13 percent of the Group’s net sales in 2025.
• With these targets, the net sales in the financial year 2025 will exceed EUR 280 million, while the comparable Ebit will be more than EUR 36 million.