Raisio's third-quarter profits have been lifted on the back of the improved performance of its Benecol business.

For the third quarter to September, EBIT rose to EUR16m (US$17.4m) versus EUR9.4m.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Sales increased 5.9% to EUR134.5m.

Raisio said Benecol UK, Ireland and Belgium which it acquired at the end of 2014 helped improve EBIT while confectionery "continued its steady performance".

"Particularly good sales growth was seen in healthy, natural snack bars and nibbles," said CEO Matti Rihko.

For the period earnings per share grew from 0.05cents to 0.08cents.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Over the nine months. EBIT rose from EUR14.1m to EUR36.7m.

Net sales grew 6% to EUR398.5m

Earnings per share rose from 0.07cents to 0.18cents.

Raisio expects its EBIT to return on its long-term upward trend. Raisio estimates its net sales of 2015 to increase from last year and EBIT margin, excluding one-off items, to be significantly higher than the 7% realised in 2014.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now