Raisio expects net sales of the Group’s continuing operations to total some EUR 230 million. The company estimates that the comparable EBIT for the Group’s continuing operations is some 12 per cent of net sales. Exchange rates will continue to significantly affect Raisio’s net sales and EBIT.
In addition to foods and fish feed sales, Raisio’s net sales for continuing operations consist of exports of raw materials, such as grains. Raisio has identified the problem areas and initiated corrective measures in the markets where the net sales development did not meet expectations in early 2018.
Raisio’s key strategic target is to grow its Healthy Food business both organically and through acquisitions. With its structural reforms completed, Raisio has targeted all the resources to support the medium-term organic growth of the new Healthy Food Division. Raisio also seeks growth through acquisitions. The company is net debt free and has a strong balance sheet, which allows acquisitions that suit the company’s core business.