Latest Insights

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.

SIAL 2014: Valio hopes to overcome Russian woes 10 Nov 2014

Valio is facing some significant challenges. The Finland-based dairy group is grappling with the closure of the Russian border as well as the decline in industrial markets for dairy ingredients. However, the company is also working to identify new growth avenues, such as its lactose-free technology. Katy Askew spoke to Kari Finska, SVP of Russia and eastern markets for Valio, to find out more.

M&A Watch: Why Raisio should sell to private equity 14 Aug 2014

Raisio, the Finland-based group behind brands including Benecol, Honey Monster cereals and Fox's confectionery, has, in recent years, tried to grow via M&A. However, Stefan Kirk of M&A advisors Glenboden questions the company's strategy and believes it should be sold to a private-equity firm to unlock value.

ANUGA 2013: Interview: HKScan focused on driving brands 11 Oct 2013

Scandinavian meat group HKScan plans to focus on product development and brand building in order to grow the proportion of sales it generates from added value products. Katy Askew spoke to Magnus Sjohlm, VP of business development, at this year's Anuga to find out more about the company's new-found focus on NPD.

Interview: "Low performance" HKScan's greatest challenge - CEO 26 Sep 2013

Scandinavian meat-to-convenience foods group HKScan has downgraded its operating profit forecast for 2013 today. While the company has delivered on the turnaround plan it unveiled last year, it said export pressures and a shift in its product mix would hit EBIT. Nevertheless, CEO Hannu Kottonen insists HKScan will continue to drive operational improvements in the coming 12 months.

Latest News

Atria CFO Heikki Kyntäjä to give way to Tomas Back 23 Nov 2017

Atria announced today (23 November) that Heikki Kyntäjä will retire as chief finance officer and deputy CEO of the Finland-based meat producer at the start of the new year.

NPD Tracker - Fazer 'cricket' bread; Prewett's Chocoful Caramel; Yoplait Liberte Excellence; Doritos Crunch Nuts 23 Nov 2017

just-food publishes the most notable product development from the international food sector, presented in bitesize format to give you a flavour of the innovation from your peers and competitors announced this week.

Apetit search for new CFO starts as Sami Saarnio set to leave 15 Nov 2017

Apetit has announced CFO Sami Saarnio is to leave the Finland-based food group of his own accord, with group controller Tero Heikkinen temporarily stepping into the role.

Finnish meat processor HKScan expects full-year operating loss 31 Oct 2017

Finish meat processor HKScan revised its full-year forecast for its underlying operating profitability due to higher costs associated with the ramp up of production at a new poultry unit.

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.

Atria's pork production switch to Nurmo will cost jobs 24 Aug 2017

Atria is seeking to boost profits by centralising pork production at its plant in the Finnish town of Nurmo, rather than at a site further east in Jyvaskyla, in a move the company hopes will save EUR1.2m (US$1.4m) annually.

Apetit profit loss widens in market expected to remain 'intensive' 11 Aug 2017

Finland-based food group Apetit reported a widening loss for the first half and said price competition in the domestic retail sector is expected to remain "intensive'', while ample supply in the grains market will keep prices and margins at low levels.

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.

Atria posts sales increase across all businesses as China pork exports start 20 Jul 2017

Atria, the Finland pork producer, posted an increase in sales across all business sectors in the first half of the year, helped by acquisitions in Finland and Sweden.