Q2 2024 Revenio Group Oyj Earnings Call Transcript

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Aug 08, 2024

Aug 08, 2024 / 12:00PM GMT
Jouni Toijala - Revenio Group Oyj - President, Chief Executive Officer, Member of the Management Board

Good afternoon from Sunny, Helsinki and welcome to Revenio Group earnings call. My name is Jouni Toijala. I'm the Group CEO. And with me, we have here as well our group CFO, Robin Pulkkinen. Today we are going to go through the highlights of the Q2. So I'm going to go through those.

Then Robin is going to cover the finance sales and the shareholder structure change plus the finance sales guidance. So let's jump to the Q2. So a good second quarter for us exactly according to the plan. Net sales, EUR25.4 million, so up 14.2% from the last year Q2 and the currency-adjusted growth was 13.5%. So we got a bit of a tailwind from the US dollar. Operating profit EUR5.3 million, 20.6% from the net sales, up 12.6%. We had the write off regarding to Ventica here. So Robin is going to go through the adjusted numbers bit more in detail.

EBITDA really good level, so up 25.6% and as well as in the Q1. So Q2 net cash from operations was extremely good. So EUR6.75 million and earnings per share up to 0

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