Raisio, the Finland-based food group behind the Benecol brand, today (17 August) posted a fall in second-quarter profits despite rising sales.

The company booked net profit of EUR2.1m (US$2.7m) for the three months to the end of June compared to net profit of EUR3.1m a year earlier.

Raisio said its bottom line had been affected by “unrealised losses from fund investments”.

However, Raisio’s EBIT reached EUR6m against EUR4.5m in the second quarter of 2009. Second-quarter net sales climbed 22.6% to EUR120m.

 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.