Slide 1: Net sales and profitability at the level of the comparison period, cash flow continued to strengthen
Net sales and profitability at the level of the comparison period, cash flow continued to strengthen Raisio's Interim Report Q1/2024 CEO Pekka Kuusniemi Raisio plc, 7 May 2024 1
Slide 2: Raisio Group's net sales and EBIT Q1/2024
Raisio Group's net sales and EBIT Q1/2024 Continuing operations without Raisioaqua NET SALES COMPARABLE EBIT AND COMPARABLE MARKET SHOWING SIGNS OF LEVELLING EBITDA OFF IN JANUARY–MARCH M€ M€ -1.7% • Net sales remained at the level of the comparison period. Volumes showed a 60 56,5 10 56.5 55.5 55,5
Slide 3: Cash flow improved significantly
Cash flow improved significantly Q1/2024 Q1/2023 WE CONTINUED OUR FOCUS ON OPTIMISING WORKING Cash flow, M€ 8.5 3.3 CAPITAL Investments, M€ 1.8 1.4 • We managed to maintain costs Equity ratio, % 79.2 80.6 at the previous year's level. • Cash flow was improved by a Equity per share, € 1.67 1.69 decre
Slide 4: Raisio's Outlook 2024 and profit distribution
RAISIO’S OUTLOOK 2024 Raisio projects the comparable EBIT for the financial year 2024 to be at the level of 2023 or slightly higher. Raisio’s comparable EBIT in 2023 was EUR 22.7 million. RAISIO'S PROFIT DISTRIBUTION 2023 Based on the Board of Directors’ proposal, the AGM held on 9 April 2024 decide
Slide 5: Overview by segment: Healthy Food
OVERVIEW BY SEGMENT: Healthy Food 7 May 2024 Raisio’s Interim Report January–March 2024 5
Slide 6: Healthy Food Segment Q1/2024
Healthy Food Segment Q1/2024 • Healthy brand products for consumers • The main market areas are Finland, the UK, Ireland, Poland, Belgium and Ukraine GEOGRAPHICAL BREAKDOWN OF NET SALES QUARTERLY DEVELOPMENT OF NET SALES: Q1/2024: Q2/23 vs Q3/23 vs Q4/23 vs Q1/23 vs 6% Q2/22 Q3/22 Q4/22 Q1/24 42% We
Slide 7: Healthy Food Segment's net sales and EBIT Q1/2024
Healthy Food Segment’s net sales and EBIT Q1/2024 NET SALES COMPARABLE EBIT DIFFERENCES IN DEVELOPMENT BETWEEN MARKET AREAS AND M€ BRANDS M€ 2.5% 7 • In Northern Europe, net sales grew +27.3% clearly driven by new products, while in 40 37,0 37.0 38.0 38,0 6 Western Europe net sales exceeded the leve
Slide 8: Agile product development in multiple categories delivers results
Agile product development in multiple categories delivers results SALES OF NEW PRODUCTS AS A PROPORTION OF NET SALES IN NORTHERN EUROPE 20 50% 45% 40% 15 35% 30% 10 25% 19% 20% 14% 16% 16% 14% 15% 5 9% 10% 7% 10% 4% 5% 0 0% 2022-Q1 2022-Q2 2022-Q3 2022-Q4 2023-Q1 2023-Q2 2023-Q3 2023-Q4 2024-Q1 New
Slide 9: This year's delicious new products
This year’s delicious new products • Elovena® Protein Puddings and Protein Shakes • Elovena® Plain oatgurt • Elovena® Instant oatmeal, Mocha brownie • Elovena® Snack biscuit, Banana & chocolate • Elovena® Soft oat bar, White chocolate & strawberry • Härkis® Oat Balls: Oat & Beetroot, Oat & Spinach 7
Slide 10: Elovena Brand of the Year 2024, the most sustainable brand in Finland
ELOVENA® ON A SUCCESSFUL PATH TOWARDS ITS CENTENARY: Winner of Finland Finland Chamber of Commerce: Chamber of Commerce’s Brand of the Year 2024 Brand of the Year “The Elovena® brand has been successful in 2024 competition renewing itself and the product range has been developed in line with today’s
Slide 11: Overview by segment: Healthy Ingredients
OVERVIEW BY SEGMENT: Healthy Ingredients 7 May 2024 Raisio’s Interim Report January–March 2024 11
Slide 12: Healthy Ingredients Segment Q1/2024
Healthy Ingredients Segment Q1/2024 INGREDIENTS • Sale of grain-based foods and ingredients and sale of plant proteins to industrial and catering companies • Benecol® licensing • Global market with a focus on Europe 7 May 2024 Raisio’s Interim Report January–March 2024 12
Slide 13: Healthy Ingredients Segment's net sales and EBIT Q1/2024
Healthy Ingredients Segment’s net sales and EBIT Q1/2024 Continuing operations without Raisioaqua NET SALES COMPARABLE EBIT PROFITABILITY DECREASED SIGNIFICANTLY IN JANUARY–MARCH M€ -7.0% M€ -49.9% • The value of Raisio’s sales to both 28.6 28,6 2 1.8 domestic and foreign bakeries and 30 26.6 1.8 26
Slide 14: Raisio's Healthy Growth Strategy 2022–2025: tailwind behind our back
Raisio's Healthy Growth Tailwind behind our Strategy 2022–2025 back Plant-based eating High-quality options As plant-based eating becomes more widespread and the range of products on offer expands, more Benecol® and and more expectations are being placed on plant stanol ester product quality. soluti
Slide 15: Raisio
RAISIO
Slide 16: www.raisio.com
RAISIO WWW.RAISIO.COM