Raisio plc: Inside information, profit warning: Raisio to lower its 2023 guidance for the Group’s comparable net sales development and further specify its guidance for comparable operating profit
Raisio Plc, Inside information, July 10, 2023 Raisio has decided to lower its guidance regarding the development of the company’s comparable net sales in 2023. High inflation and rising interest rates have impacted consumer demand in the company’s key markets, resulting in a decrease in volumes of consumer goods in the first six months of 2023. Visibility on market development is currently low, and there are no clear signs of improvement in the market environment for the latter half of 2023. Due to the changes in the market environment, Raisio expects its comparable net sales in 2023