raisio plc-v shs (RAIVV) Snapshot

In a meeting held on May 28, 2013, Raisio plc's Supervisory Board elected Mr. Paavo Myllymäki, farmer and executive manager as its Chairman, and Mr. Holger Falck as its Vice Chairman. Their term will end at the first meeting of the Supervisory Board following the Annual General Meeting of 2014.

Raisio plc, Board Meeting, Apr 25, 2013. Agenda: To convert a total of 100 restricted shares (series K) into free shares (series V).

Raisio plc announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of EUR 128.3 million compared to EUR 135.0 million a year ago. EBIT was EUR 8.0 million compared to EUR 6.6 million a year ago. Profit before taxes was EUR 7.7 million compared to EUR 6.3 million a year ago. Profit for the period for continuing operations was EUR 5.9 million compared to EUR 4.7 million a year ago. Profit attributable to equity holders of the parent company was EUR 6.0 million or EUR 0.04 per basic and diluted share compared to EUR 4.9 million or EUR 0.03 per basic and diluted share a year ago. Cash flow used in business operations was EUR 9.2 million compared to EUR 21.2 million a year ago. Investments in fixed assets were EUR 2.3 million compared to EUR 4.4 million a year ago. Return on equity was 7.4% compared to 5.8% a year ago. Return on investment was 8.3% compared to 6.7% a year ago. EBITDA was EUR 11.9 million compared to EUR 10.8 million a year ago. Net interest-bearing debt as on March 31, 2013 was EUR 26.2 million against EUR 1.4 million a year ago. Book value per share as on March 31, 2013 was EUR 120.1 against EUR 117.1 as on March 31, 2012. The company anticipates moderate net sales growth and expects solid improvements in EBIT over 2012.