Raisio Plc stops all exports to Russia and withdraws financial guidance for 2022
Stock Exchange Release, March 3, 2022 We strongly condemn the Russian military attack to Ukraine. Hence Raisio has stopped all exports to Russia. Raisio Plc does not have own industrial activity on the Russian or Ukrainian markets. War in Ukraine causes significant uncertainty regarding company's net sales and profitability development in 2022. Due to the geopolitical instability the prices of important grain based raw materials have risen dramatically. In addition to the unforeseen cost effects the situation affects also availability of grain based raw materials. Raisio Plc has