REVENIO GROUP CORPORATION'S PRE-TAX RESULT FOR THE FOURTH QUARTER SMALLER THAN THAT OF PREVIOUS QUARTERS
Revenio Group Corporation Stock Exchange Release 18 January 2012 at 2.10 p.m.
REVENIO GROUP CORPORATION'S PRE-TAX RESULT FOR THE FOURTH QUARTER SMALLER THAN THAT OF PREVIOUS QUARTERS
For Q4/2011, Revenio Group Corporation's operating profit of continuing operations is smaller than that of the previous quarters of the year, standing at approximately EUR 0.2 million. The operating profit of continuing operations for the financial year is estimated at EUR 3.6 million and the total operating profit, including discontinued operations, at approximately EUR 5.3 million.
The profit performance of the fourth quarter is due to cost reserves made in the Systems segment for the installation and implementation phase of Revenio's projects in Norway.
Revenio Group Corporation's financial statements bulletin for 2011 will be released on 16 February 2012.
Revenio Group Corporation Olli-Pekka Salovaara President and CEO For further information, please contact: Olli-Pekka Salovaara, President and CEO, mobile +358 (0)40 5675520 olli-pekka.salovaara@revenio.fi http://www.reveniogroup.fi DISTRIBUTION: NASDAQ OMX Helsinki Financial Supervisory Authority (FIN-FSA) Key media www.revenio.fi Revenio Group Corporation, the parent company of the Finnish business group Revenio Group, is listed on the NASDAQ OMX Helsinki exchange. Revenio Group Corporations subsidiaries share a focus on Finnish specialist expertise and export-based operations. Revenio Group consists of six independent subsidiaries in five business segments. These subsidiaries are Done Logistics Oy, Done Software Solutions Oy, Icare Finland Oy, Boomeranger Boats Oy, FLS Finland Oy and Midas Touch Oy.