Raisio plc (RAIVV.HE)
Raisio plc operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Raisio, FP, FI. The stock last traded at $2.47, down 5.00% on the session, giving a market capitalisation of $390.8M. Its beta of 0.50 implies it has historically moved less than the broad market.
Raisio plc, together with its subsidiaries, produces and sells food and food ingredients in Spanish market, Finland, the United Kingdom, Ireland, Belgium, and the Netherlands. It operates through Healthy Food, Healthy Ingredients, and Other Operations segments. The company offers grain-based food and ingredients; and plant proteins to industrial and catering companies. It also offers fat-based products, including margarines and vegetable oil spreads; dairy products, such as yogurt drinks, yogurt, quark, and soft cheese; cereals comprising flakes, flour, pasta, barley, mueslis, breakfast cereals, instant porridge, biscuits, bars, and breads; and plant-based products that include unsweetened and flavored drinks, spoonable products, food preparation products, and ready meals under the Benecol, Elovena, Härkis, Sunnuntai, Torino, Nalle, and Raisio food solutions brand names. The company was formerly known as Raisio Group plc and changed its name to Raisio plc in April 2005. Raisio plc was founded in 1939 and is headquartered in Raisio, Finland.
Raisio plc is most often compared with the following Consumer Defensive names: