Raisio to classify its fish feed business as assets held for sale and to report the business as discontinued operations
Stock exchange release 31 May 2022 at 9:30 EET In March 2022, Raisio plc suspended all exports to Russia, including the exports of Raisioaqua Ltd, which is part of Raisio Group. The exports of Raisioaqua’s products to Russia totalled approximately 65 per cent of Raisioaqua’s net sales in 2021, which has now been lost due to the suspension of exports. In other markets, Raisioaqua’s business will be developed normally and determined measures for replacing the lost net sales and reducing costs are already underway. At the moment, Raisioaqua’s net sales for 2022 are estimated to amount