Revenio Group Oyj (0KFH) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Finland and welcome to Revenio Group Q2 2025 earnings call. My name is Jouni Toijala, I'm the Group CEO and with me as always we have here Robin Pulkkinen, our CFO. Let's go through the agenda first. So I'll start with the highlights for the Q2 2025. And then also I'm going to cover the summary of the first half. Then Robin is going to do a bit more deeper dive to the Q2 financial part plus the shareholders and then reiterate the guidance for 2025. And then, of course, we finalize the day with the Q&A. Back to Q2, so April, June highlights. So, Given all turbulence on the tariff side, geopolitical side, Q2 went reasonably well in our mind. Top line sales growth was 4.2% reported, leading to the 26.5 million. Currency adjusted growth was 7.2%. On the positive side, the trend continued. All the regions, APAC USA, Europe, Middle East, Africa, so all the regions grew during the Q2. Also, all the product categories, so tonometers, finders, imaging, micro-perimetry and the software side of the business, so all the segments grew as well. If you look a bit more deeper to the regions, so the APAC growing nicely. We had a highlight in APAC, which was India. Then in the Europe, France and Germany growing very strongly as well. And then we have been able to improve also the profitability. So the EBIT level is 6.1 million euros and up. roughly 16%. And as I said earlier, Robin is going to cover these ones in more detail. Then looking back to the first half, so net sales for the first half was 52.6 million, up 7.2% reported, currency adjusted, which is relevant for the full year guidance, so that's up 9.6%. Also, the profitability nicely up compared to the previous year or so, 22.3% leading towards the roughly bit less than 13 million euros. Then during the first half, we also got...