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Financial review 

Raisioaqua’s net sales totalled EUR 25.9 (31.8) million. Net sales decreased by almost 20 per cent on the comparison year due to the interrupted Russian exports. Fish feed deliveries to Finnish customers remained almost the same as in 2017. Finland accounted for nearly 45 per cent, Russia almost 55 per cent and the share other markets was small. 

Raisioaqua’s EBIT totalled EUR -0.8 (2.4) million. Fish feed export to Russia declined by almost 30 per cent on the comparison year. The decrease in net sales also meant a significant decline in EBIT.  

Key figures for the Raisioaqua Division 

 

2018

2017

Net sales, M€

25.9

31.8

EBIT, M€

-0.8

2.4

EBIT, %

-3.2

7.5

Investments, M€

1.4

3.0