Key figures | Raisio as an investment

		1–3/2022	1–3/2021	1–12/2021
Net sales	M€	55.1	47.5	237.3
Change in net sales	%	15.9	-8.2	5.9
Comparable EBITDA	M€	2.8	5.9	29.4
EBITDA	M€	2.8	8.7	31.1
Comparable EBIT	M€	0.1	4.3	21.0
Comparable EBIT of net sales	%	0.2	9.1	8.8
EBIT	M€	-4.0	7.1	22.7
EBIT of net sales	%	-7.3	15.0	9.5
Comparable earnings per share	€	-0.01	0.02	0.12
Earnings per share	€	-0.03	0.04	0.13

		31/12/2021	31/12/2020
Cash flow from operations	M€	34.5	34.7
Equity ratio	%	79.3	85.7
Net gearing	%	-21.4	-30.8
Net interest-bearing debt	M€	-60.0	-83.0
Equity per share	€	1.77	1.71
Investments	M€	24.2	28.5
Comparable return on investment (ROIC)	%	8.3	11.1
Return on investment (ROIC)	%	8.8	11.7

	1–3/2022	1–3/2021	1–12/2021
Net sales	55.1	47.5	237.3
Cost of sales	-47.8	-34.2	-178.5
Gross profit	7.3	13.3	58.8
Other operating income and expenses, net	-11.3	-6.2	-36.1
EBIT	-4.0	7.1	22.7
Financial income	0.1	1.5	2.8
Financial expenses	-1.4	-1.3	-1.9
Result before taxes	-5.3	7.4	23.6
Income taxes	0.9	-1.6	-3.6
Result for the period, continuing operations	-4.4	5.9	19.9
Result for the period, discontinued operations	-2.7	0.3	0.9
Result for the period	-7.2	6.2	20.9

Attributable to
Equity holders of the parent company	-7.2	6.2	20.9

Earnings per share from the profit attributable to equity holders of the parent company (€)
Undiluted earnings per share	-0.05	0.04	0.13
Diluted earnings per share	-0.03	0.04	0.13
Undiluted earnings per share, continuing operations	-0.03	0.04	0.13
Undiluted earnings per share, discontinued operations	-0.02	0.00	0.01

ASSETS	31.12.2021	31.12.2020
Non-current assets
Intangible assets	36.0	32.0
Goodwill	49.6	45.9
Tangible assets	102.1	73.1
Equity investments	2.8	2.8
Deferred tax assets	3.9	2.3
Total non-current assets	194.4	156.1

Current assets
Inventories	37.9	37.1
Accounts receivables and other receivables	33.1	28.0
Financial assets at fair value through profit or loss	67.9	71.8
Cash and bank receivables	21.1	21.5
Total current assets	160.0	158.5

Total assets	354.4	314.6

SHAREHOLDER’S EQUITY AND LIABILITIES	31.12.2021	31.12.2020
Equity attributable to equity holders of the parent company
Share capital	27.8	27.8
Own shares	-17.8	-19.6
Other equity attributable to equity holders of the parent company	270.7	261.4
Equity attributable to equity holders of the parent company	280.7	269.5
Non-controlling interests	–	–
Total shareholder’s equity	280.7	269.5

Non-current liabilities
Deferred tax liabilities	9.8	6.3
Non-current financial liabilities	25.9	9.6
Total non-current liabilities	35.7	15.9

Current liabilities
Accounts payable and other liabilities	34.7	28.2
Derivative contracts	0.2	0.3
Current financial liabilities	3.2	0.6
Total current liabilities	38.0	29.1

Total liabilities	73.7	45.0

Total shareholder’s equity and liabilities	354.4	314.6