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Raisio Oyj (RAIVV.HE)

RAIVV.HE on Helsinki Stock Exchange

24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Raisio to sell industrial property in Southall
Friday, 7 Apr 2017 11:26am EDT 

Raisio Oyj : Says has signed an agreement to divest its Southall industrial property near London to Galliard Homes Ltd .Says deal has no effect Raisio's EBIT.  Full Article

Raisio Q3 comparable EBIT down at EUR 14.0 million
Wednesday, 9 Nov 2016 01:30am EST 

Raisio Oyj : Q3 net sales 102.8 million euros ($115.52 million) versus 134.5 million euros year ago . Q3 comparable EBIT 14.0 million euros versus 16.0 million euros year ago . Specifies its outlook for 2016 .Sees 2016 EBIT is estimated to exceed 2015 level at comparable exchange rates, comparable reported EBIT is expected to reach around 50 million euros due to uncertainty related to development of pound.  Full Article

Raisio Q2 comparable EBIT increases to EUR 15.0 mln
Wednesday, 10 Aug 2016 01:30am EDT 

Raisio Oyj : Q2 comparable EBIT 15.0 million euros ($16.72 million) versus 14.0 million euros year ago . Q2 net sales 124.1 million euros versus 141.5 million euros year ago . Outlook for 2016 has been specified .Despite weakened visibility and difficult market conditions, Raisio expects its comparable EBIT to improve in 2016.  Full Article

Raisio: Benemilk Ltd’s operations reduced
Wednesday, 10 Aug 2016 01:20am EDT 

Raisio Oyj : Says short-term outlook for Raisio Plc's subsidiary Benemilk Ltd is not favourable . Decided to significantly reduce Benemilk's business operations .Investments in international commercialisation of innovation will be minimised.  Full Article

Raisio sells its UK Snack Bar business
Wednesday, 13 Jul 2016 02:30am EDT 

Raisio Oyj : Has sold Halo Foods ltd to hands-on investor Nimbus with agreement signed on July 12, 2016 . Halo Foods' business and employees in the UK have been transferred to new owner . Will record a loss of about 19 million euros ($21.01 million) for divestment of Halo Foods business .Will record about 1 million euros as restructuring costs related to UK Snack & Cereal business in Q2 EBIT.  Full Article

Raisio unit Benemilk ends assessment of funding options
Thursday, 2 Jun 2016 06:21am EDT 

Raisio Oyj : Says the company's unit, Benemilk Ltd, has ended assessment of funding options .Benemilk Ltd's board concluded it is not justified to implement equity financing scheme as company valuation indicated by potentially interested investors is not satisfactory for current owners.  Full Article

Raisio to invest in fish feed production
Monday, 16 May 2016 02:00am EDT 

Raisio Oyj : Says to invest in the fish feed production . Construction of new production line will begin in summer 2016 . In addition, energy use of existing production lines will be enhanced with changes completed already in May 2016 .Will make a total investment of nearly 4 million euros ($4.52 million) to expand its fish feed factory located in Raisio's industrial area in Finland.  Full Article

BRIEF-Raisio Q1 EBIT stable at EUR 9.7 million
Tuesday, 10 May 2016 01:30am EDT 

Raisio Oyj : Q1 net sales 114.0 million euros ($130 million) versus 122.5 million euros year ago . Q1 EBIT 9.7 million euros versus 9.6 million euros year ago .2016 outlook remains unchanged.  Full Article

Raisio to license the Honey Monster brand to Brecks
Wednesday, 13 Apr 2016 02:30am EDT 

Raisio Oyj:Says is to license the Honey Monster brand to Brecks.Brecks' product range includes a selection of cereals that company produces at its two UK-based factories.License agreement will be effective from July 1 and thereafter Brecks will market and sell Honey Monster products in UK.  Full Article

Raisio combines Snacks and Benecol into HEM unit
Wednesday, 17 Feb 2016 06:21am EST 

Raisio Oyj:Combines Snacks and Benecol into a single unit.Will set up a new Healthy, Ecological Mobile food (HEM) unit​.  Full Article

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BRIEF-Raisio to sell industrial property in Southall

* Says has signed an agreement to divest its Southall industrial property near London to Galliard Homes Ltd