Outlook 2020

Raisio withdraws its guidance for 2020, gives a new guidance as visibility improves

Raisio Plc, Stock Exchange Release 29th July, 2020

Due to the potential second wave of the COVID-19 pandemic and the prolonged state of the pandemic in general, Raisio withdraws its outlook for 2020. Unexpected changes in consumer behaviour caused by the pandemic continue to inflict significant insecurity in our different markets during the second half of the year.

Raisio’s previous guidance 12th February, 2020:

In 2020, Raisio expects its net sales for continuing operations to grow (2019: EUR 236.3 million) and comparable EBIT to be over 10 per cent of net sales.

Raisio will issue a new outlook in case the situation stabilizes.