Raisio leans toward M&A under three-year growth plan [Yahoo! Finance]
ORKLA AS A S/ADR (ORKLY)
NASDAQ:AMEX Investor Relations:
orkla.com/investor-relations
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Source: Yahoo! Finance
The owner of the Benecol cholesterol-fighting yogurt and spreads brand has set a goal to achieve €250m ($271.3m) in sales by the end of 2027, representing a more than 10% increase in organic terms from last year's print of €227m. Under the steer of CEO Pasi Flinkman, who joined the publicly-listed business from Finland peer Orkla last June, Raisio is targeting EBIT of €30m over the strategy period, around 28% more than the €23m recorded in 2024. Raisio will reorganise into two physical, category-focused areas, and a third to concentrate on new business. Breakfast and snacking, and heart health, form the first two. In those areas, the Elovena granola oatmeal and oat drinks brand owner seeks to outpace market growth. “The markets of breakfast and snack products, as well as heart-healthy products in Europe, are growing by approximately 2-3% per year, and Raisio is seeking to grow faster than the market,” the company said today (13 March). “This can be achieved by increasing th
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