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Raisio Ord Shs
Previous close
€1.94
Day range
€1.94 - €1.95
Year range
€1.83 - €2.35
Market cap
318.17M EUR
Avg Volume
264.54K
P/E ratio
17.67
Dividend yield
7.19%
Primary exchange
HEL
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 54.20M | -2.52% |
Operating expense | 11.80M | 11.32% |
Net income | 3.80M | -22.45% |
Net profit margin | 7.01 | -20.43% |
Earnings per share | 0.04 | 33.33% |
EBITDA | 5.00M | -20.63% |
Effective tax rate | 13.64% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 81.20M | 15.01% |
Total assets | 323.80M | -2.44% |
Total liabilities | 63.70M | -7.68% |
Total equity | 260.10M | — |
Shares outstanding | 157.97M | — |
Price to book | 1.18 | — |
Return on assets | 2.40% | — |
Return on capital | 2.72% | — |
Cash Flow
Net change in cash
(EUR) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 3.80M | -22.45% |
Cash from operations | 8.90M | -38.62% |
Cash from investing | -800.00K | 27.27% |
Cash from financing | -800.00K | 20.00% |
Net change in cash | 8.60M | -32.28% |
Free cash flow | 7.82M | 32.35% |
About
Raisio Oyj, known internationally as Raisio Group, is a Finnish company specialised in healthy, responsibly produced food and ingredients.
Raisio Group's well-known international brands are Benecol and Elovena.
Benecol foods were launched in Finland in 1995 as part of major public health initiative to lower the nation's cholesterol. Two decades later Benecol product range has grown to include spreads, yogurts and yogurt drinks trusted by millions around the world.
In 2021, the Group's net sales totalled EUR 246 million and comparable EBIT was EUR 22 million. Raisio employs some 400 persons. Raisio's production plants are located in Finland and the company has operations in ten countries. The Group's headquarters is in Raisio, Western Finland. The key markets of Benecol products are Finland, the UK, Poland, Ireland and Belgium.
In 2004, the company divested its paper chemical division, Raisio Chemicals, to Ciba Specialty Chemicals. In 2009, Raisio sold its margarine business to Bunge Limited. Raisio Group acquired the British food company Glisten in 2010. The next year, Raisio acquired Big Bear. Wikipedia
Founded
1939
Website
Employees
332