Raisio Plc Class K · OMXHEX:RAIKV
Raisio Plc Class K — Q4 2025 Earnings Presentation
18 slides from Raisio Plc Class K's earnings presentation, Feb 11, 2026
Slide 1: Improved profitability laid the foundation for growth
Improved profitability laid the foundation for growth Raisio’s Financial Statements 2025 CEO Pasi Flinkman & CFO Mika Saarinen Raisio plc, 11 February 2026
Slide 2: Raisio Group's net sales and EBIT Q4/2025
Raisio Group's net sales and EBIT Q4/2025 NET SALES COMPARABLE EBIT AND NET SALES TURNED TO SLIGHT COMPARABLE EBITDA GROWTH IN THE FOURTH QUARTER M€ +0.6% M€ +5.1% • The Elovena® brand continued to grow strongly in Finland: by 14% compared to the +11.7% comparison period. 8.1 60 54.9 55.2 8 7.7 • Be
Slide 3: Raisio Group's net sales and EBIT 2025
Raisio Group's net sales and EBIT 2025 NET SALES COMPARABLE EBIT AND IN 2025, EBIT DEVELOPED SIGNIFICANTLY COMPARABLE EBITDA MORE FAVOURABLY THAN NET SALES M€ -1.1% M€ +13.3% • The development of net sales fell short of our strategic target, mainly due to a decline in 250 +21.6% 37.8 domestic indust
Slide 4: Return on invested capital improved by +23% and earnings per share by +15%
Return on invested capital improved by an impressive +23% and earnings per share by +15% 2025 2024 • Cash flow was reduced by Cash flow, M€ 27.5 39.3 the restocking of several main grains from the very Investments, M€ 9.8 7.4 low stock levels in the Equity ratio, % 80.0 80.3 comparison period. Equit
Slide 5: Raisio's outlook 2026 and proposal for profit distribution 2025
RAISIO’S OUTLOOK 2026 Raisio projects the net sales and comparable EBIT for continuing operations for the financial year 2026 to increase compared to 2025. RAISIO'S PROPOSAL FOR PROFIT DISTRIBUTION 2025 The Board of Directors proposes that a dividend of EUR 0.15 (0.14) per share be paid from the par
Slide 6: Reportable segments as of June 2025
Reportable segments as of 2 June 2025 RAISIO GROUP Brands & Industrial Other Operations New Breakfast, Snacking Group Heart Health Business & Food Solutions Development Services Raisio’s current consumer and B2B business, Operations focused on new with Europe as the main market. business development
Slide 7: Overview by segment: Brands & Industrial
OVERVIEW BY SEGMENT Brands & Industrial 11 February 2026 Raisio’s Financial Statements 2025 7
Slide 8: Brands & Industrial segment
Brands & Industrial segment Raisio’s current consumer and B2B business, with Europe as the main market. BREAKFAST, SNACKING & FOOD SOLUTIONS HEART HEALTH Net sales Q4/25 +4.0% Net sales Q4/25 +1.5% 10% 32% 32% €26.6 €27.9 45% million 58% million 9% 14% Finland, B2C UK, B2C Food Solutions Finland, B2
Slide 9: Brands & Industrial segment net sales and EBIT Q4/2025
Brands & Industrial segment net sales and EBIT Q4/2025 NET SALES COMPARABLE EBIT EBIT INCREASED; NET SALES AT THE LEVEL OF THE COMPARISON PERIOD M€ +2.7% M€ +11.2% • In the Breakfast, Snacking & Food Solutions 10 unit, sales of consumer products in Finland grew 60 8.2 by 8%. The Elovena® brand was a
Slide 10: Breakfast, Snacking & Food Solutions Q4/2025
Breakfast, Snacking & Food Solutions Q4/2025 NET SALES M€ +4.0% Finland, B2C Food Solutions* Other** M€ +10.0% M€ +0.7% M€ -14.5% 30 25.6 26.6 20 15.3 4 13.9 8.6 8.6 3.0 10 2.6 20 10 2 5 0 0 0 10 Q4/24 Q2/2024 Q4/25 Q2/2025 Q4/24 Q2/2024 Q4/25 Q2/2025 Q4/24 Q2/2024 Q4/25 Q2/2025 * ** • B2B exports •
Slide 11: Heart Health Q4/2025
Heart Health Q4/2025 UK, B2C Finland, B2C NET SALES -1.5% +1.2% M€ M€ 15 12.8 12.6 3.8 3.9 4 10 2 M€ +1.5% 5 0 0 Q4/24 Q2/2024 Q4/25 Q2/2025 Q4/24 Q2/2024 Q4/25 Q2/2025 30 27.4 27.9 Ireland, B2C Other* 20 -0.3% +7.6% M€ M€ 3 2.5 2.4 10 8.3 9.0 10 2 * 5 1 • B2C sales in Poland and Belgium, among othe
Slide 12: Operating environment 2025
Operating environment 2025 IN 2025 THE MARKET STARTED TO STABILISE, MEGATRENDS AND BRAND TRUST BUT REMAINS DIFFICULT TO PREDICT SUPPORT RAISIO'S OUTLOOK • Inflationary pressures have eased • Consumers are putting their trust in • Overall demand in the food industry strong and well-known brands has w
Slide 13: Raisio's consumer sales developed well in relation to the overall market
• Raisio's consumer sales developed well in relation to the overall market – at least at market speed or slightly faster. 11 February 2026 Raisio’s Financial Statements 2025 13
Slide 14: Raisio outperforms the market
Raisio outperforms the market IN 2025 Breakfast and snacks Cholesterol-lowering products • Total grocery sales* in Finland • In Europe, the market is growing moderately: grew by 2.4% in January– the Finnish and Polish markets are developing November, with volumes positively; the UK market is growing
Slide 15: Our strategic focus areas
Our strategic focus areas Accelerate growth Future growth Fuel for growth Our breakfast and snack products We seek growth from new Our local heritage brands and (Elovena®) and heart health products business opportunities: we grain-based industrial solutions (Benecol®) constitute the sources of inves
Slide 16: Implementation of strategic priorities 2025
Implementation of strategic priorities 2025 INVESTING IN THE FUTURE KNOWLEDGE-BASED FOCUSING OUR MANAGEMENT BUSINESS • Laboratory facilities to be built at the Nokia mill and an increase • We are acquiring a • Focus on breakfast and in the capacity of the oat mill modern ERP system snack products, h
Slide 17: In 2026, we will focus on accelerating growth
• In 2026, we will focus on accelerating growth We are building the next phase of our strategy on a solid foundation. 11 February 2026 Raisio’s Financial Statements 2025 17
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