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Trading through Covid-19 and beyond, daily food industry updates – Tuesday 24 November (free to read)

24 Nov 2020

Daily updates on how Covid-19 is affecting the world's packaged food sector – and how executives see the market and consumer behaviour taking shape in the months ahead.

Covid-19 food industry updates – Friday 18 September (free to read)

18 Sep 2020

just-food is providing daily updates on how the Covid-19 pandemic is affecting the world's packaged food sector.

Raisio tweaks brand stable to highlight Elovena

14 Nov 2019

Raisio, the Finland-based food group, is making changes to parts of its product portfolio to highlight one of its brands, Elovena.

New products - Strauss chocolate "first"; Saputo's Vitalite dairy-free cheese; Vegan pizza from Garden Gourmet; Goodbelly "gut-friendly" cereal

4 Oct 2019

This week's batch of new products includes a "gut-friendly" breakfast cereal from Cereal Partners Worldwide and Strauss Group claiming a "first" in the chocolate market.

Raisio to invest tens of millions in plant-based food

11 Jun 2019

Finnish food group Raisio has this morning (11 June) announced a new initiative in the plant-based food area.

Raisio teams up with Italian free-from firm Dr Schar

7 Mar 2019

Finish food group Raisio has entered into a strategic alliance with an Italy-based health and well-being company.

The stories before Christmas you might have missed

3 Jan 2019

To help you catch up on what you might have missed before Christmas, just-food rounds up the best of our coverage before the festive period.

Raisio CEO Pekka Kuusniemi sets out stall to grow Benecol maker - interview

2 Jan 2019

Finland-based Raisio has had a challenging couple of years but, under recently-installed CEO Pekka Kuusniemi, the company has a new strategy for growth. Dean Best found out more.

Raisio cuts 2018 EBIT forecast

14 Dec 2018

Benecol-to-Elovena manufacturer Raisio has lowered its forecast for a key profitability metric for 2018.

Raisio sets out sales target

4 Dec 2018

Finland's Raisio, the manufacturer behind brands including Benecol and Elovena, has outlined the level of sales it expects to hit in 2021.

Raisio CFO Antti Elevuori to step down

2 Aug 2018

Finland-based manufacturer Raisio has announced its chief financial officer Antti Elevuori is to step down.

Raisio sells cattle feed business to Lantmannen as strategic focus on healthy foods gathers pace

4 May 2018

Raisio is selling its cattle feed business to Sweden's Lantmannen for EUR34m (US$40.7m) as the Finland-based food group accelerates its strategic realignment on the healthy foods category.

Raisio revises 2018 sales forecast

4 May 2018

Finland-based manufacturer Raisio has today (4 May) issued a change to its forecast for annual sales from its continuing operations.

Finland's Raisio lowers annual sales guidance

26 Apr 2018

Finland-based food group Raisio has lowered its guidance for 2018 net sales due to what it says were ''developments'' in the early part of the year.

Raisio gives update on job cuts

23 Mar 2018

Finland-based food group Raisio has announced an "interim decision" in its talks with staff over job cuts.

Earnings summary - Kraft Heinz FY sales fall; Campbell H1 sales drop on volumes in 'challenging' US; Danone boosted by WhiteWave synergies; J.M. Smucker Q3 food sales fall

16 Feb 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Raisio "healthy-foods" focus could see feed unit go

31 Jan 2018

Raisio, the Finland-based food manufacturer, said today (31 January) it is pushing on with its focus on "healthy foods" and is weighing up the sale of its cattle and fish feed businesses.

Raisio offloads confectionery business to Valeo Foods for EUR77m

22 Dec 2017

Finland's Raisio is set to sell its confectionery business to Ireland-based Valeo Foods for EUR77m (US$91.2m).

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Raisio confirms interim CEO to leave

30 Oct 2017

Raisio, the Finland-based food group, today (30 October) interim CEO Jarmo Puputti is to leave the Benecol and Provena maker.

Raisio to invest in Nimbus Foods ingredients arm

26 Oct 2017

Raisio, the Finland-based group behind brands including Benecol and Provena, is to invest in UK unit Nimbus Foods, which supplies ingredients to fellow food manufacturers.

Raisio Q2 profits "satisfactory" amid UK problems

9 Aug 2017

Raisio, the Finland-based food group, today (9 August) described its second-quarter underlying EBIT as "satisfactory" amid falling profits at its UK confectionery business.

Raisio cuts outlook on UK "challenges"

21 Jul 2017

Raisio, the Finland-based food group, has lowered its 2017 EBIT forecast due to the "prolonged production and commercial challenges" faced by its UK confectionery business, lower than estimated profitability and the weakening of the pound against the euro.

Raisio names Pekka Kuusniemi new CEO

16 Jun 2017

Finland-based food maker Raisio has appointed Pekka Kuusniemi as its new president and chief executive.

Raisio interim CEO Jarmo Puputti eyes growth and the top job - interview

16 May 2017

Finland-based Raisio – the company behind brands including Elovena cereal and the cholesterol-targeted Benecol – has had an eventful year, including the departure of long-time chief executive Matti Rihko. Four months on from Rihko’s resignation, Raisio has yet to appoint a replacement. One of Rihko’s colleagues, Jarmo Puputti, was handed the job on an interim basis and he is attempting to get sales and profits growing again after a year of declines. Puputti speaks to Dean Best about Raisio’s performance in the early months of 2017, his plans for growth and his bid to take the top job permanently.

Raisio grows Q1 profits despite lower sales

10 May 2017

Finland-based Raisio today (10 May) reported higher first-quarter profits despite sales being hit by the fall in the value of sterling and by the sale of the company's UK snack-bar business last year.

Raisio looks to future as 2016 earnings fall 

13 Feb 2017

Raisio has insisted its "strategy work" will help strengthen its long-term growth outlook as it booked lower sales and earnings for 2016. 

Raisio CEO Matti Rihko resigns

3 Jan 2017

Raisio CEO Matti Rihko resigned from the Finland-based food company today (3 January), with immediate effect. 

Raisio upbeat as sales, earnings drop

9 Nov 2016

Finnish food maker Raisio has reported lower sales and earnings for the first nine months of this year. 

Raisio touts underlying performance as UK revamp hits profits

10 Aug 2016

Raisio today (10 August) reported first-half results affected by its restructuring in the UK but the Finland-based food group pointed to rising underlying operating profit.






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