Revenio Group Oyj · OMXHEX:REG1V
Revenio Group Oyj — Q2 2022 Earnings Presentation
14 slides from Revenio Group Oyj's earnings presentation, Aug 3, 2022
Slide 1: A very strong quarter driven by all key markets and products
REVENIO GROUP CORPORATION: HALF-YEAR FINANCIAL REPORT Q2/2022 A VERY STRONG QUARTER DRIVEN BY ALL KEY MARKETS AND PRODUCTS JOUNI TOIJALA, CEO ROBIN PULKKINEN, CFO August 4, 2022
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Revenio's shares. Revenio’s past performance is no guide to future performance, and persons needing advice should consult an independent financial adviser. This present
Slide 3: We aspire to keep the wonderful world visible for all
We aspire to keep the wonderful world visible for all Jouni Toijala Robin Pulkkinen CEO CFO
Slide 4: Agenda
Agenda 1. Business highlights of the quarter 2. Financials and shareholders 3. Financial guidance
Slide 5: Highlights of the quarter
Highlights of the quarter A very strong quarter driven by all key markets and products • Sales grew by double digits in all our key markets • Exchange rates also supported our favorable development throughout the first half of the year • We were able to increase our market share in both intraocular
Slide 6: January – June 2022 highlights
January – June 2022 highlights A very strong quarter driven by all key markets and products • Net sales totaled EUR 44.6 (35.6) million, an increase of 25.1% NET SALES 44.6 MEUR • The currency-adjusted growth of net sales in January– June was 17.6% + 25.1% • Operating profit was EUR 12.7 (9.0) milli
Slide 7: Financials
FINANCIALS ROBIN PULKKINEN, CFO
Slide 8: Development of Revenio's key figures
Development of Revenio’s key figures MEUR 1-6/2022 1-6/2021 Change- 4-6/2022 4-6/2021 Change- • Net sales grew 29.3% in the quarter, % % Net sales 44.6 35.6 25.1 24.4 18.9 29.3 and 18.1% in comparable currencies Gross margin 32.1 25.0 28.0 17.4 13.0 33.5 • The EUR 0.7 million non-recurring Gross mar
Slide 9: A very strong quarter driven by all key markets and products
A very strong quarter driven by all key markets and products Net sales (EUR million) Adjusted operating profit EUR million and % (EBIT) 30 1,2 8 7,6 7,4 45 38,8 30,7 7,1 23,8 24,4 7 35,2 40 25 1 5,9 31,3 5,6 35 19,7 20,2 6 23,7 18,9 19,4 25,2 5,6 31 29,2 30 20 16,8 0,8 5,2 27,5 15,8 5 4,5 13,7 20,4
Slide 10: Strong balance sheet and cash flow to secure financial flexibility
Strong balance sheet and cash flow to secure financial flexibility Cash flow from operations (EUR million) Equity ratio and net gearing (%) 70 67,4 66,2 25,0 12 11,0 65 64,0 63 61,1 60,9 60,3 61,9 59,5 20,7 20,0 10 60 57,6 55 8 14,8 15,0 6,5 50 6,2 5,8 11,2 6 45 10,0 4,6 4,0 40 6,7 6,5 7,0 4 6,1 2,9
Slide 11: Shareholders on June 30, 2022
Shareholders on June 30, 2022* No. of shares % Verified Owner distribution by country: 1. William Demant Invest A/S 3,998,685 14.99% 2022-06-30 Finland 47.63% 2. SEB Funds 1,209,890 4.53% 2022-06-30 United States 16.53% 3. Columbia Threadneedle 1,163,675 4.36% 2022-03-31 Denmark 15.49% 4. Capital Gr
Slide 12: Financial guidance
Financial guidance Net sales Financial guidance for 2022 Net sales (EUR million) Operating profit, EBIT (EUR million) 78,8 (published on February 10, 2022) 61,1 49,5 Revenio Group's exchange rate adjusted net sales are estimated to grow strongly from the previous year and 26,8 30,7 23,4 profitabilit
Slide 13: Q&A
Q&A REVENIO
Slide 14: We aspire to keep the wonderful world visible for all
“We aspire to keep the Financial guidance for 2021 – updated on August 4 , 2021 th wonderful world visible for all” Revenio Group’s exchange rate adjusted net sales are estimated to grow very strongly from the previous year and profitability is to remain at a good level without non-recurring items.