Slide 1: Raisio's Net Sales Increased and EBIT Improved
Raisio’s Net Sales Increased and EBIT Improved Raisio’s April-June 2019 President and CEO Pekka Kuusniemi CFO Toni Rannikko Raisio plc 7 August 2019
Slide 2: Raisio's Q2/2019: Net Sales Increased and EBIT Improved
Raisio’s Q2/2019: Net Sales Increased and EBIT Improved NET SALES +5 % KEY DRIVERS 62.7 M€ Q2/2018: 59.7 M€ 1. Price increases completed 2. Strong start for EBIT +10 % the fish feed season 7.3 M€* 3. Improved cost- Q2/2018: 6.5 M€* effectiveness H1/2019: POSITIVE CASH FLOW 45 M€ investment decision
Slide 3: Raisio's EUR 45 Million Investment in Plant-based Value-added Products
Raisio’s EUR 45 Million Investment in Plant-based Value-added Products • A new production facility producing plant-based value- added products to be built in Raisio, construction work started in July • Investment responding to rapidly growing demand for plant-based food in Europe • Enabling growth f
Slide 4: Raisio's Outlook 2019: Unchanged
Raisio’s Outlook 2019: Unchanged • In 2019, Raisio expects its net sales for continuing operations to grow (2018: EUR 228.2 million) and comparable EBIT to be over 10 per cent of net sales. • Raisio will continue its investments in the brands, R&D and the company’s own production in its most importa
Slide 5: Healthy Food
Healthy Food
Slide 6: Benecol Proven to Lower Cholesterol Safely and Effectively
Benecol Proven to Lower Cholesterol Safely and Effectively • Profitability in the UK improved, EBIT at the comparison period level • Price increases carried out • Continued sales growth in snack bars • Sales in Benecol products +10% in Finland • Clear sales growth for Greek Style Yogurts • In Poland
Slide 7: Plant Stanol May Relieve Asthma Symptoms
Plant Stanol May Relieve Asthma Symptoms • The University of Maastricht investigates the impact of plant stanol ester, the Benecol product ingredient, on asthma symptoms • The study started in spring 2019 • Researchers at the University of Maastricht have shown before that the plant stanol ester enr
Slide 8: Continued Strong Sales Growth for Elovena Brand
Continued Strong Sales Growth for Elovena Brand • Planned price increases responding to the sharp rise in grain prices carried out in all the markets • Increased sales through the new Elovena snack biscuits with 100% oat • Intensified competition in the category of plant protein products • Mince Oat
Slide 9: Healthy Ingredients
Healthy Ingredients
Slide 10: Strong Start for the Fish Feed Season
Strong Start for the Fish Feed Season • Fish feed sales up by over 20% in April-June • Investments improved efficiency • Growth seen particularly in Finland and in the exports to Russia • Market openings in Poland and Sweden • Benella fish available in the stores of ICA, a retail chain in Stockholm
Slide 11: Healthy Ingredients: Oat Products
Healthy Ingredients: Oat Products • Sales to Finnish bakeries and to industrial and catering customers rose over 10% • Growth seen particularly in oat products and gluten-free oat products • Raisio aims to increase export of its oat-based value-added products also to BtoB customers • The review peri
Slide 12: Financial Review
Financial Review
Slide 13: Raisio Group's net sales and EBIT Q2/2019
Raisio Group’s net sales and EBIT Q2/2019 Continuing operations Net sales EBIT 70 M€ 8 M€ 60 62.7 7.3 59.7 6 50 6.5 11.6% 40 10.9% 4 30 20 2 Key items affecting EBIT: • Price increases completed 10 • Top period for fish feeds • Improved cost-effectiveness 0 0 Q2/2018 Q2/2019 Q2/2018 Q2/2019 13
Slide 14: Key Figures, Balance Sheet H1/2019
Key Figures, Balance Sheet H1/2019 H1/2019 H1/2018 Cash flow from business operations 7.9 - 0.2 after financial items and taxes, M€ Equity ratio, % 82.8 74.6 Gearing, % - 37.0 - 29.3 Net interest-bearing debt, M€ - 93.8 - 72.7 Return on invested capital (ROIC), % 14.8 10.3* Investments, M€ 6.7 2.5 *
Slide 15: Healthy Food Unit's Net Sales and EBIT Q2/2019
Healthy Food Unit’s Net Sales and EBIT Q2/2019 Continuing operations Net sales Net sales by region EBIT 40 M€ 8 M€ M€ 35 30 33.7 34.2 6 Central and 25 Eastern Europe 5.5 M€ 20 Western 4 4.5 15 Northern Europe 3.8 13.2% 10 Europe 16.3 M€ 2 11.2% 5 12.4 M€ 0 0 Q2/2018 Q2/2019 Q2/2018 Q2/2019 15
Slide 16: Healthy Ingredients Unit's Net Sales and EBIT Q2/2019
Healthy Ingredients Unit’s Net Sales and EBIT Q2/2019 Continuing operations Net sales EBIT 40 M€ M€ 30 34.7 4 32.3 3.9 3.3 11.3% 20 10.3% 2 10 0 0 Q2/2018 Q2/2019 Q2/2018 Q2/2019 16
Slide 17: Food for Health, Heart and Earth.
Food for Health, Heart and Earth.