Key figures | Raisio as an investment

		10–12/2020	10–12/2019	1–12/2020	1–12/2019
Net sales	M€	53.9	54.5	233.6	236.3
Change in net sales	%	-1.1	-2.0	-1.2	3.5
Comparable EBIT	M€	4.4	4.3	27.7	27.3
Comparable EBIT of net sales	%	8.2	7.9	11.9	11.5
EBIT	M€	5.5	4.3	28.9	27.3
EBIT of net sales	%	10.2	7.9	12.4	11.5
Comparable EBITDA	M€	5.9	5.9	33.9	33.6
EBITDA	M€	7.1	5.9	35.1	33.6
Comparable earnings per share	€	0.03	0.03	0.14	0.16
Earnings per share	€	0.04	0.03	0.15	0.16

		31.12.2020	31.12.2019
Cash flow from operations	M€	34.7	23.3
Equity ratio	%	85.7	87.9
Net gearing	%	-30.8	-36.4
Net interest-bearing debt	M€	-83.0	-98.6
Equity per share	€	1.71	1.72
Investments	M€	28.5	19.5
Comparable return on investments (ROIC)	%	11.1	13.9
Return on investment (ROIC)	%	11.7	13.9

	1–12/2020	1–12/2019	10–12/2020	10–12/2019
Net sales	233.6	236.3	53.9	54.5
Cost of sales	-168.8	-169.3	-39.7	-38.9
Gross profit	64.8	67.0	14.2	15.6
Other operating income and expenses, net	-35.9	-39.8	-8.7	-11.3
EBIT	28.9	27.3	5.5	4.3
Financial income	2.0	2.9	0.8	0.2
Financial expenses	-1.4	-1.7	0.3	-0.4
Result before taxes	29.4	28.5	6.7	4.1
Income taxes	-6.0	-2.9	-1.1	-0.1
Result for the period	23.4	25.5	5.6	4.0

Attributable to
Equity holders of the parent company	23.4	25.5	5.6	4.0
Non-controlling interests	–	–	–	–

Earnings per share from the profit attributable to equity holders of the parent company (€)
Undiluted earnings per share	0.15	0.16	0.04	0.03
Diluted earnings per share	0.15	0.16	0.04	0.03

ASSETS	31.12.2020	31.12.2019
Non-current assets
Intangible assets	32.0	33.5
Goodwill	45.9	48.5
Tangible assets	73.1	51.1
Equity investments	2.8	3.0
Deferred tax assets	2.3	4.9
Total non-current assets	156.1	140.9

Current assets
Inventories	37.1	37.6
Accounts receivables and other receivables	28.0	30.3
Financial assets at fair value through profit or loss	71.8	81.4
Cash and bank receivables	21.5	18.3
Total current assets	158.5	167.6

Total assets	314.6	308.5

SHAREHOLDER’S EQUITY AND LIABILITIES	31.12.2020	31.12.2019
Equity attributable to equity holders of the parent company
Share capital	27.8	27.8
Own shares	-19.6	-19.8
Other equity attributable to equity holders of the parent company	261.4	263.2
Equity attributable to equity holders of the parent company	269.5	271.3
Non-controlling interests	–	–
Total shareholder’s equity	269.5	271.3

Non-current liabilities
Deferred tax liabilities	6.3	5.3
Provisions	–	1.2
Non-current financial liabilities	9.6	0.3
Total non-current liabilities	15.9	6.9

Current liabilities
Accounts payable and other liabilities	28.2	29.3
Derivative contracts	0.3	0.3
Current financial liabilities	0.6	0.8
Total current liabilities	29.1	30.4

Total liabilities	45.0	37.3

Total shareholder’s equity and liabilities	314.6	308.5