Q3 2024 Revenio Group Oyj Earnings Call Transcript

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Oct 31, 2024

Oct 31, 2024 / 01:00PM GMT
Jouni Toijala - Revenio Group Oyj - President, Chief Executive Officer, Member of the Management Board

Good afternoon and welcome to Revenio Group Q3 earnings call. My name is Jouni Toijala, and I'm the group CEO and we have here as well. Robin Bin and our CFO today, I'm going to start by going through the highlights for the Q3. So a bit of the numbers then highlights from the business and products. Then Robin is going to go through in more detail, the financials and then finish up with the shareholders and reiterate the financial guidance.

So let's jump to the Q3. So a good quarter in terms of the organic sales growth for us, net sales EUR23.9 million, an increase of 8.9% from the last year, which was at EUR22 million. And it should be noted that we got quite a lot of currency headwind from the US dollar EUR exchange rate. So if you look at the growth from the currency adjusted point of view, so July September Q3 growth was actually 15.1% operating profit, 23% from the net sales. So EUR5.5 million down from EUR6 million last year and here perhaps a couple of comments related to profitability. So

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