Here is a new company report on Raisio by Pauli 
Raisio’s profit warning risk materialized, but the resulting cuts to our estimates were moderate. The full context behind the lowered guidance is not yet completely clear to us, as Q3 will not be reported until Tuesday. However, we estimate that the challenges are mainly temporary. We expect the company to improve its earnings in the coming years, driven particularly by the conclusion of ERP renewal project costs in early 2027 and moderate growth driven by brands such as Elovena. The valuation is attractive even on current-year estimates (EV/EBIT 10x), which are weighed down by the ERP project and Benecol’s ongoing brand renewal. Moderate earnings growth in the coming years and the company’s favorable cash flow profile will push multiples even lower