Raisio Plc Class K · OMXHEX:RAIKV
Raisio Plc Class K — H1 2022 Earnings Presentation
18 slides from Raisio Plc Class K's earnings presentation, Aug 3, 2022
Slide 1: Strong growth and improving profitability during the second quarter
Strong growth and improving profitability during the second quarter Raisio plc’s Half-Year Financial Report H1/2022 CEO Pekka Kuusniemi Raisio plc, 3 August 2022
Slide 2: Raisio plc's net sales and EBIT H1/2022
Raisio plc’s net sales and EBIT H1/2022 Continuing operations, without Raisioaqua and consumer business in Russia NET SALES COMPARABLE EBIT NET SALES GROWTH: 13.9% IN JANUARY-JUNE M€ +13.9% M€ -38.9% • Sales for our consumer brands especially 120 in Finland and B2B business increased 108.7 9.6 well
Slide 3: Raisio plc's net sales and EBIT Q2/2022
Raisio plc’s net sales and EBIT Q2/2022 Continuing operations, without Raisioaqua and consumer business in Russia NET SALES COMPARABLE EBIT NET SALES GROWTH: 11.2% IN APRIL-JUNE M€ +11.2% M€ +6.6% • Biggest risks regarding the sufficiency of raw materials receded. 60 55.5 4.4* • The heaviest cost pr
Slide 4: Skyrocketing raw material prices affected the cash flow
Skyrocketing raw material prices affected the cash flow H1/22 H1/21 PRESSURES ON CASH FLOW IN THE SHORT TERM Cash flow, M€ -1.4 12.6 • As planned, investments were at a Investments, M€ 2.6 11.5 more moderate level compared to previous years: 2.4 (12.1)% of net Equity ratio, % 78.3 80.5 sales. Equity
Slide 5: Raisio's outlook for 2022
NEW GUIDANCE FOR 2022 ON 15 JUNE 2022: Raisio anticipates that the net sales Raisio’s for its continuing operations in 2022 outlook for will be between EUR 220–230 million with a comparable EBIT of around 2022 EUR 17–20 million. The fluctuation margin reflects uncertainty regarding future demand and
Slide 6: Healthy Food
Healthy Food 03/08/2022 Raisio plc's Half-Year Financial Report January-June 2022 6
Slide 7: We have sold our consumer business in Russia
We have sold our consumer business in Russia • Russian authorities registered the deal on 12 May 2022. • We have sold OOO Raisio Nutrition, the subsidiary responsible for Raisio’s consumer business in Russia and rights for the Nordic trademark which the subsidiary has used in the Russian and Belaru
Slide 8: Healthy Food Segment Q2/2022
Healthy Food Segment Q2/2022 • Healthy brand products for consumers • Key market areas: Finland, the UK, Ireland, Ukraine, Poland • Russian business which was sold is reported as discontinued operations GEOGRAPHIC DISTRIBUTION OF NET SALES Q2/2022: DEVELOPMENT OF NET SALES: 8% Q1/2022 vs Q1/2021
Slide 9: Healthy Food Segment's net sales and EBIT Q2/2022
Healthy Food Segment's net sales and EBIT Q2/2022 Continuing operations, without consumer business in Russia NET SALES COMPARABLE EBIT OUR CONSUMER BRANDS ARE AT THE HEART OF THE STRATEGY AND DRIVE M€ +2.5% GROWTH M€ +6.0% • Strong growth in relation to the 40 comparison period especially in the 35
Slide 10: Healthy Ingredients
Healthy Ingredients 03/08/2022 Raisio plc's Half-Year Financial Report January-June 2022 10
Slide 11: Healthy Ingredients Segment Q2/2022
Healthy Ingredients Segment Q2/2022 INGREDIENTS • Quality food ingredients made with Finnish grains for B2B customers • Benecol® licensing • Global markets for ingredients, key markets in Europe FISH FEEDS • Raisioaqua was classified as asset being held for sale and is reported as discontinued opera
Slide 12: We have decided to sell our fish feed business
We have decided to sell our fish feed business • Raisio announced on 31 May 2022 that it will classify its fish feed business as assets held for sale and report the business as discontinued operations. • We have now initiated proceedings to sell Raisioaqua Ltd. We aim to complete The aim is to have
Slide 13: Healthy Ingredients Segment's net sales and EBIT Q2/2022
Healthy Ingredients Segment’s net sales and EBIT Q2/2022 Continuing operations, without Raisioaqua NET SALES COMPARABLE EBIT NET SALES GROWTH: 22.5% IN APRIL-JUNE M€ +22.5% M€ +16.7% • Oat and gluten-free oat continued 2 to drive growth according to our 30 29.4 strategy. • Exceptional price increas
Slide 14: Raisio's Healthy Growth Strategy 2022–2025 Tailwind behind our back
Raisio’s Healthy Growth Tailwind behind our back Strategy 2022–2025 Plant-based eating Quality alternatives As plant-based eating becomes more mainstream Benecol® and there is more variety to choose from, more is and plant stanol expected from product quality. ester solutions Healthy living Holis
Slide 15: The sale of the consumer operations in Russia and exit of all export activities
The sale of the consumer operations in Russia and exit of all export activities to Russia do not change the planned advancement of our strategy or chosen areas of focus, now or in the future. 03/08/2022 Raisio plc's Half-Year Financial Report January-June 2022 15
Slide 16: Financial targets for strategy period 2022–2025
Financial targets for strategy period 2022–2025 OUTCOME H1/2022 Growth In H1 the growth of the combined net sales of Target is to grow the combined net sales of the the three focus areas was 8.9%. three focus areas by an average of 7% annually (CAGR) and the sales of the entire Group by H1/2021 H1/
Slide 17: Food for Health, Heart and Earth.
Food for Health, Heart and Earth. 03/08/2022 Raisio plc's Half-Year Financial Report January-June 2022 17
Slide 18: raisio.com
raisio.com