Revenio Group Oyj (0KFH) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to Revenio Group Q1 Earnings Call. My name is Joni Toyella, and I'm the Group CFO for Revenio. And today, we have a bit more bigger set of team members here. So in addition to the normal, Robin Pulkinau, CFO, we also have Erki Thala, Vice President, Products, in a call as well. And the reason for that one is that we are going to run today a bit more longer earnings call. So of course, we are going to start with the Q1 financials and the business highlights. Then we go through the guidance part, which we actually don't have. But then we have a pretty extensive part run by ERKI regarding to the Visionix transaction, especially related to the products and the product portfolio. But let's jump to the Q1. So reported net sales, euros 27,300,000. Increase on the reported side is 4.8%. Currency adjusted net sales growth, 8,400,000. So I think it's a good number, especially if taking into account the extremely strong start in The U. S. A, so in terms of the euros, of course, but especially in terms of the U. S. Dollar, the organic growth in The U. S. A. Was very, very strong. Then if you look the other countries, so Europe was growing really strong as well, so especially France, U. K. And Germany. So in terms of the sales, good performance in The U. S. A. And in European countries. And then we still had a pretty tough comparables in the APAC side. So the APAC was slightly down. And if we look now at the start for the Q2 in APAC, so we start to be extremely well on track also on APAC side what comes to the sales. Then operating profit reported €2,400,000 so significantly, of course, down. And of course, the main bucket there is roughly $3,100,000.01 off costs related to the Visionix transactions. But Robin is going to cover these ones in more detai...