EBIT for Raisio’s Q3 was down from the comparison period, particularly due to the interrupted export of Raisioaqua’s fish feeds to Russia. The Division’s EBIT decreased by EUR 1.8 million and net sales by EUR 7.6 million from the comparison period.

The University of Turku establishes a new professorship focusing on the research of plants grown in Finland, supporting the export of Finnish foods based on sustainable development, and promoting well-being with healthy foods.

Raisio has launched a new oat innovation. A new, healthy plant protein is a good choice for people wanting to add variety in their diet and for vegans. Muru Oat Mince contains 41 per cent of oat, which is clearly more than in other plant protein products.

Raisio is at the beginning of the new, focusing on healthy and responsibly produced food. We continue our determined work to support profitable organic growth. The reorganisation completed this spring allowed us to steer all resources to promote growth.

Raisio’s cooperation with K Group allows Chinese consumers to buy Elovena snack biscuits and instant porridges online.

With the divestment of our confectionery and cattle feed businesses, Raisio is at the beginning of the new. The company has a clear focus: responsibly produced healthy food.

Raisio has signed an agreement to sell its cattle feed business to Lantmännen Agro Oy. The enterprise value is EUR 34 million and the arrangement will be conducted as a share transaction. The fish feed business will continue as a solid part of the Raisio Group.

Raisio’s Annual Review 2017 has been published in Finnish and English.

The reports have been published on 28 February 2018.

After the review period, at the end of January 2018, Raisio announced to consider the divestment of its cattle and fish feed business as one strategic alternative.

To ensure its competitiveness and profitability, Raisio will start cooperation negotiations concerning 115 employees on 5 February 2018.

Raisio Group continues to focus on healthy foods according to its strategy. Until now, Benecol and Healthy Food businesses have operated as separate organisations and will now be combined into a single Healthy Food Division.

In December 2017, Raisio divested its confectionery business and is now considering a sale of its cattle and fish feed businesses as one strategic alternative.

As the buyer has paid the purchase price of the shares, EUR 77 million as well as all other conditions for completion of the deal have been fulfilled, Raisio’s confectionery operations have transferred to be a part of Valeo Foods Group on 29 December 2017.

Raisio has agreed to divest its confectionery business to Valeo Foods Ltd. Raisio’s confectionery operations in the UK and Czech Republic will be transferred to become part of Valeo Foods Group by 29 December 2017 at the latest.