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Raisio Oyj Class K
Previous close
€2.16
Day range
€2.16 - €2.20
Year range
€1.90 - €2.44
Market cap
341.68M EUR
Avg Volume
6.67K
P/E ratio
18.05
Dividend yield
6.36%
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 59.10M | 5.35% |
Operating expense | 11.20M | 38.27% |
Net income | 4.90M | -16.95% |
Net profit margin | 8.29 | -21.20% |
Earnings per share | 0.04 | 0.00% |
EBITDA | 8.00M | -15.79% |
Effective tax rate | 28.99% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 83.40M | 13.47% |
Total assets | 320.20M | -0.74% |
Total liabilities | 65.60M | -0.91% |
Total equity | 254.60M | — |
Shares outstanding | 157.98M | — |
Price to book | 1.34 | — |
Return on assets | 4.42% | — |
Return on capital | 5.16% | — |
Cash Flow
Net change in cash
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 4.90M | -16.95% |
Cash from operations | 15.90M | 6.00% |
Cash from investing | -1.90M | 47.22% |
Cash from financing | -700.00K | 12.50% |
Net change in cash | 13.30M | 25.47% |
Free cash flow | 11.51M | 168.51% |
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 2023, the Group's net sales totalled EUR 220 million and comparable EBIT was EUR 23 million. Raisio employs some 350 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
352