Raisio plc

Oikein aurinkoista alkuiltapäivää täältä Raisiosta. Tervetuloa kuulemaan meidän vuoden 2021 kuulumisista. Otsikoimme tämän päättyneen tilikauden vahvaa kasvua strategiakauden alla. Niin kuin monet teistä muistavat, niin kesäkuussa viime vuonna päivitimme Raision strategian aina vuoteen 2025 asti. Palaan siihen hiukan myöhemmin tässä esityksen edetessä. But when we look at the numbers of the entire year, we see that the exchange rate is developing by about 5.5%, ending at 246.4 million euros. Remembering that the year 2020, the first year, the fourth and partly the second, was a completely exceptional time due to the hamstrous issue, which is why our comparison figures are very exceptional, but also Q2, Q3 and Q4 were the last months in which we were able to operate about two-digit growth in a quarter. The turnover, the decline planned there, due to our started growth investments, which started in 2021, as well as the growth of the growth of their capacity and, of course, the increased market share were behind this. Of course, last summer, there was a completely exceptional heat wave, which, as we all remember, had a very negative impact on the performance of our Raisio Aqua, when in the peak season, the demand practically stopped. We also saw, of course, that at the end of the season, due to the same reason, a fairly strong rise in the prices of raw materials in the field, but in that sense, these are past events that the next hundreds may then again turn the situation around. In the health and food segment, all markets performed well and indeed some quite exceptionally. Keskeiset tunnusluvut taseen puolelta ja kassavirran puolelta ovat totutu vahvat. Niiden varassa meidän on hieno kehittää tätä yhtiötä eteenpäin ja viedä tätä strategiakautta läpi. Meillä on ollut vahva kolmivuotinen investointijakso, ja niin kuin omassa katsauksessani kirjoitin, niin olemme siirtymässä kylmövaiheesta kasvuvaiheeseen. Eli toisin sanoen nämä suuret investointihankkeet, that support our strategy are now at the stage of being capitalized, and at the same time we are saying that such a high rate of investment will not continue in 2022. However, last year the investment was about 10% of the turnover, which is quite a significant amount in the sector. The leadership position is still very strong and supports our strategy implementation. When we look at the last four years, growth came close to 12%, reaching 60 million. At the same time, profitability dropped slightly from the absolute level last year. Here, both the cost inflation, which was seen in both the SADO and, of course, in other benefits and materials, was already seen in the fourth quarter of the reduction. But at the same time, I emphasize that we increased investments in sales and marketing to get time for growth. Views for the year 2022. Seuraavasti arvioimme liikevaihdon kasvavan noin viisi prosenttia. Tämä on juuri se taso, jota kesäkuussa 2021 ennustimme suunnitelmamme pohjalta koko meidän strategiakauden KKR kasvuksi. Olemme tässä sille uskollisia. we must remember that our strategy-based growth investments still cause pressure, as well as in 2021, to our relative profitability compared to the final schedule. Responsibility is certainly an increasing role in almost every company's schedule decision. It has been for us for a long time. but responsibility is the strategy of RISE. It's not just a part of it. And that's why we have very strong displays. During the pandemic, we have also implemented the Good Food Programme, in which we support five different areas, which you can see here. From the achievements of last year, The whole Räisio organization is very proud of its strength. Let's look at environmental-friendly packaging. 97% of our product packaging is recyclable at the end of last year. The same number, 97%, of our energy consumption is carbon-neutral. And in terms of healthy food, four-fifths Our products have health benefits in their own product groups, and 88% of raw materials were plant-based at the end of last year. At the same time, we are shaping and developing the company's corporate culture for a strong forward-looking, value-based, dynamic organization that can respond to the challenges of these rapidly changing categories. We have had a change plan for the entire organization launched at the end of last year. Now, a look at the health and food needs in the business segment. We see that, especially in Western Europe, where our biggest yksittäinen markkina Suomen jälkeen, eli Länsi-Euroopassa, Iso-Britannia, joka on post-Brexit olosuhteissa Benekolin osalta, elikkä meidän presenssi siellä tällä hetkellä pelkästään Benekolia suorittanut upean käännöksen verrattuna vuoteen 2020. Kannattavuuskoheni jokaisella vuosineljänneksellä after the comparison of the Hamstraus series. In Northern Europe, on the other hand, where there is more of a farm-based business, we see the effect of Sado in fourth place. But 12% growth speaks for itself in terms of how our products were performed in the markets And at the same time, both relative and absolute profitability has improved. So, for the consumer, the performance has been very strong. In terms of the social factors, where we also report our operations, the development was a bit different for understandable reasons. Before I go into that, I would like to raise my pride in the fact that how much our Baltic Blend fisheries reduce the seafood in the Baltic Sea with the innovation. Almost 2,300 tons of fish have been removed from the Baltic Sea since 2016. Almost 500 tons of phosphorus,

also a very significant achievement in terms of responsibility.

There, the turnover rose by over 15%, but at the same time, due to the aforementioned reasons, the turnover decreased considerably. Part of it was completely planned, due to the rise in new production capabilities, but on the other hand, the difficult conditions of Raisio-Akva and the rise in the price of raw materials from the agricultural fields still stressed with the fourth quarter. A brief summary of our strategy, which we updated last year in June, and now we have been living for six weeks of this new strategy series. We can only say that kasvun myötätuulet sen, kun vahvistuvat kasvipohjainen ruokavalio, terveellinen elämä, erityisesti pandemian jälkeen ihmiset kiinnittää huomattavasti enemmän huomiota omiin elintapoihinsa ja siihen, mitä suuhunsa laittavat. Sen lisäksi kuluttajien odotukset on erittäin korkealla liittyen kestävään ruoantuotantoon.

Kaikki nämä ovat vahvasti Raision DNA. In order to achieve growth, there must be a roadmap.

We have invested 70 million euros in this investment in three years. We aim for growth and continue to have productive synergies.

From the cold stage to the growth stage. In 2021, when we launched our new factory,

Uusik Asvipohjaisten tuotteiden hiilineutraali tehdas valmistui todellakin upeasti juuri siinä aikataulussa, juuri siinä kustannusraamissa, kuin olimme suunnitelleet. Se on asia, josta voimme olla erityisen ylpeitä. Vuodenvaihteesta lähtien kaupoissaan on ollut myöskin huvissa näkynyt Eloveena kaurajuomakahvi, in a very short period of time, we have achieved a significant increase in the popularity of social media and now growing demand in the retail markets. So, everything we do is based on the values of Raisio as well as our intention, food with a big heart, health for us and the country. Thank you for following this broadcast and for waiting for a very good spring.