Revenio is a globally successful health technology corporation
Revenio’s markets are worldwide. Our R&D centers, centers of excellence, are located in Finland and Italy. The R&D of products related to Tonometry and is done in Finland and the R&D of optical products and software in Italy. Our objective is to expand our already established status through our global distributor network and our own, strong sales channels in the United States.
Why invest into Revenio?
We use Finnish technology to improve the life expectancy and quality of life of people around the world.
Health care megatrends, such as aging populations and a global need for cost savings, support our growth targets.
We have strong evidence of the growth of net sales and our good level of profitability. We have an excellent operating profit margin.
Approximately 56 per cent of our share capital is owned by private investors and briskly traded.
Financial guidance for 2020
Financial guidance for the second half of 2020
Financial guidance issued by the company after the end of the Q3 period on October 12, 2020: Revenio expects its business and operating environment to develop in the second half of 2020 as follows:
- The Covid-19 pandemic continues to cause general uncertainty on the market and weakens visibility for the remainder of the year 2020. Under these circumstances Revenio Group Corporation estimates that the company's currency-adjusted net sales for July-December of the present year will grow strongly from the previous year and the profitability excluding non-recurring costs will be on a strong level.
On April 2, 2020, Revenio withdrew its financial guidance for 2020 due to the uncertainty caused by the coronavirus outbreak. Due to the uncertainty and general downward economic trend caused by the COVID-19 pandemic, market conditions have become very exceptional, resulting in a significant decline in the predictability of financial development. As it is not yet possible to assess the full impact of the situation towards the end of the year, Revenio Group Corporation withdrew the financial guidance for 2020 issued on February 20, 2020.
The company's earlier financial guidance for 2020 was:
Revenio Group’s reported net sales are estimated to grow very strongly from the previous year and profitability excluding non-recurring items is to remain at a healthy level.