Raisio Plc Class K · OMXHEX:RAIKV
Raisio Plc Class K — Q2 2024 Earnings Presentation
15 slides from Raisio Plc Class K's earnings presentation, Aug 7, 2024
Slide 1: Net sales, profitability and sales volumes improved
Net sales, profitability and sales volumes improved Raisio’s Half-Year Report H1/2024 CEO Pasi Flinkman & CFO Mika Saarinen Raisio plc, 7 August 2024
Slide 2: Raisio Group's net sales and EBIT H1/2024
Raisio Group's net sales and EBIT H1/2024 Continuing operations without Raisioaqua NET SALES COMPARABLE EBIT AND COMPARABLE SALES VOLUMES REGAINED GROWTH IN EBITDA JANUARY–JUNE M€ M€ 3.4% 11.8% • Net sales increased slightly from the comparison period. Sales volumes started to 120 112,8 18 109,1 109
Slide 3: Raisio Group's net sales and EBIT Q2/2024
Raisio Group's net sales and EBIT Q2/2024 Continuing operations without Raisioaqua NET SALES COMPARABLE EBIT AND COMPARABLE INCREASED NET SALES, PROFITABILITY EBITDA AND VOLUMES IN APRIL–JUNE M€ M€ 20.6% 8.8% • Net sales increased clearly from the 9.9 9,9 comparison period. Volume growth 60 57,3 57.
Slide 4: Cash flow improved significantly
Cash flow improved significantly H1/2024 H1/2023 WORKING CAPITAL ON TARGET PATH, TAKING INTO ACCOUNT Cash flow, M€ 16.2 13.0 SEASONAL VARIATION IN Investments, M€ 4.9 4.9 PROCUREMENT Equity ratio, % 79.6 78.9 • Cash flow was improved by a decrease in working capital and Equity per share, € 1.58 1.58
Slide 5: 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 6: Overview by segment: Healthy Food
OVERVIEW BY SEGMENT: Healthy Food 7 August 2024 Raisio’s Half-Year Report January–June 2024 6
Slide 7: Healthy Food Segment Q2/2024
Healthy Food Segment Q2/2024 • 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: Q2/2024: Q3/23 vs Q4/23 vs Q1/23 vs Q2/23 vs 6% Q3/22 Q4/22 Q1/24 Q2/24 43% We
Slide 8: Healthy Food Segment's net sales and EBIT Q2/2024
Healthy Food Segment’s net sales and EBIT Q2/2024 NET SALES COMPARABLE EBIT STRONG BRANDS DELIVERED GROWTH • In Northern Europe, net sales grew M€ 4.1% M€ clearly driven by new products, while in Western Europe net sales exceeded the 7 27.3% level of the comparison period. 40 36.9 36,9 34.9 34,9 6 5
Slide 9: 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 15 10 19% 20% 16% 16% 14% 14% 5 9% 10% 7% 4% 0 2022-Q1 2022-Q2 2022-Q3 2022-Q4 2023-Q1 2023-Q2 2023-Q3 2023-Q4 2024-Q1 2024-Q2 New products launched in 2022–2024
Slide 10: Overview by segment: Healthy Ingredients
OVERVIEW BY SEGMENT: Healthy Ingredients 7 August 2024 Raisio’s Half-Year Report January–June 2024 10
Slide 11: Healthy Ingredients Segment Q2/2024
Healthy Ingredients Segment Q2/2024 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 August 2024 Raisio’s Half-Year Report January–June 2024 11
Slide 12: Healthy Ingredients Segment's net sales and EBIT Q2/2024
Healthy Ingredients Segment’s net sales and EBIT Q2/2024 Continuing operations without Raisioaqua NET SALES COMPARABLE EBIT PROFITABILITY IMPROVED SIGNIFICANTLY IN APRIL–JUNE M€ M€ 10.8% 57.6% 3.0 • In exports, the sales value and sales 3.0 30 28,9 28.9 3 volumes of oat products and gluten-free 26.1
Slide 13: 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 High-quality options As plant-based eating becomes more widespread Benecol® and and the range of products on offer expands, more and more expectations are being placed on product plant stanol ester quality. soluti
Slide 14: Raisio
RAISIO
Slide 15: www.raisio.com
RAISIO WWW.RAISIO.COM