Raisio plc (RAIKV.HE)
Raisio plc operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Raisio, FP, FI. The stock last traded at $2.55, down 2.30% on the session, giving a market capitalisation of $404.3M. Its beta of 0.50 implies it has historically moved less than the broad market.
Raisio plc, a company established in 1939 and headquartered in Raisio, Finland (which changed its name from Raisio Group plc in 2005), is a producer and seller of food items and aquaculture feeds. Through its various subsidiaries, the company's primary operational territories include Finland, the United Kingdom, Poland, Ireland, Belgium, Russia, Ukraine, Spain, Hong Kong, the Scandinavian region, and the Baltic states. Raisio's business is organized into three distinct divisions: Healthy Food, Healthy Ingredients, and Other Operations. Its core activities involve the sourcing, manufacturing, and distribution of grain-based foods and their components, supplying both industrial and catering sectors, as well as providing fish feed. These products are marketed under a diverse portfolio of brands such as Benecol, Elovena, Sunnuntai, Nalle, Torino, Provena, Nordic, Benella, Hercules, Baltic Blend, and Raisio Oats. The company also generates revenue from rental properties and royalty agreements.
Raisio plc is most often compared with the following Consumer Defensive names: