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Hitt og þetta 19. apríl 2006

UPDATE:Raisio Group Plc to streamline organisational structure

Nordic Business Report-April 19, 2006-UPDATE:Raisio Group Plc to streamline organisational structure
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(Adds Q1 forecast in paragraph 4.)

Finnish industrial group Raisio Group Plc said on Wednesday (19 April) that it would streamline its organisational structure in order to develop the group's operations and performance.

The business areas Raisio Nutrition and Raisio Life Sciences would be dissolved as of 1 May 2006.

In the future the structure of the group would consist of four profit centres: Food division, Feed and Malt division, Ingredients division and Diagnostics division.

The company expected its operating result for the first quarter to be a loss of some EUR1.5m.

One euro (EUR) is worth approximately 0.69 British pounds (GBP).

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