Revenio Group Oyj Withdraws Earnings Guidance for the Second Half of 2020
October 12, 2020 at 07:45 am EDT
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Revenio Group Oyj withdrew earnings guidance for the second half of 2020. For the period, the company expects to withdrew its earlier earnings guidance by a stock exchange release published on 2 April 2020. At that stage, the effects of the COVID-19 pandemic on the rest of the year were particularly hard to assess, and the company therefore did not give any new earnings guidance for the year 2020. The company's original earnings guidance of 20 February 2020 for the year 2020 was as follows: Revenio Group's reported net sales are estimated to grow very strongly from the previous year and profitability is to remain at a good level without non-recurring items.
Revenio Group Oyj, formerly Done Solutions Oyj, is a Finland-based company primarily engaged in the health technology segment. The Companyâs activities are divided into two business areas: Revenio Health Tech, which is responsible for the design, manufacture and sale of tonometers and bone density measurement devices; as well as Revenio Technology and Services, which provides contact center services for material handling systems. It distributes products in a range of countries, including the United States, Canada, Australia, Japan and India. Furthermore, the Company is a parent of Done Medical Oy, Kauhajoen Sisalogistiikka Oy, Icare Finland Oy, Oscare Medical Oy and Midas Touch Oy, among others.
REVENIO GROUP OYJ 
