Raisio plc (0CIJ) Q2 2025 Earnings Call

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WEBVTT 00:00:00.605 -- 00:00:02.605 Good, 00:00:02.748 -- 00:00:04.748 beautiful, 00:00:05.151 -- 00:00:08.275 beautiful midday of August. Welcome to 00:00:08.275 -- 00:00:13.562 follow Raisio's half-year review. My name is Pasi Flinkman, I am the executive director 00:00:13.562 -- 00:00:18.589 of the company and with me is Mika Saarinen, our financial 00:00:18.589 -- 00:00:20.769 manager. Hello. 00:00:22.033 -- 00:00:27.340 Let's get straight to the point. The strategy phase has started, 00:00:27.340 -- 00:00:30.625 mainly according to the plans. 00:00:30.625 -- 00:00:35.070 However, we are still left with the target level in the trade. 00:00:35.070 -- 00:00:40.217 This is due to the low-priced domestic industry sales 00:00:40.217 -- 00:00:43.681 as well as the sale 00:00:43.681 -- 00:00:47.143 of vegetable protein business. 00:00:47.165 -- 00:00:52.329 The impact of the stock market was about 1.4 million euros. 00:00:52.531 -- 00:00:57.838 In consumer products, we have had a strong, target-based market, faster 00:00:57.838 -- 00:01:03.374 growth in the upper line, For example, in the Finnish market, 00:01:03.374 -- 00:01:07.619 the full-time grocery store has increased by about 1.6% in the first half of the year, 00:01:07.619 -- 00:01:11.662 while our breakfast and snacking segment 00:01:11.664 -- 00:01:16.791 has increased by 3.7% and the hardware by 9.1%, so the 00:01:16.791 -- 00:01:20.235 market is clearly faster. And consumer 00:01:20.235 -- 00:01:25.701 products have also gained growth from all major markets and major 00:01:25.701 -- 00:01:29.823 brands. Their profitability has also been improved. 00:01:29.823 -- 00:01:34.969 In the first half of the year, the use rate increased by 00:01:34.969 -- 00:01:40.536 over 12% and the turnover by 20%. We are very 00:...