Revenio Group Corporation Stock exchange release 18 December 2012 at 14:07 REVENIO GROUP CORPORATION TO DIVEST DONE LOGISTICS OY Revenio Group Corporation has decided to divest Done Logistics Oy, which offers systems for internal logistics. Net sales for the business in question amounted to EUR 2.9 million during the first three quarters of 2012, and its operating profit to EUR -2.5 million. Continuing poor profitability and a difficult market outlook are the reasons for the divestment. The company will begin a controlled rundown of operations, including personnel redundancies, whilst simultaneously seeking a successor to take over the business, or parts thereof, either from among the company's personnel or from outside the organization. If a successor is not found, the shutdown is scheduled for completion by fall 2013. Current order book commitments will be fulfilled in full. In accordance with the decision, Done Logistics' operations will now be classified as 'discontinued operations' in Revenio's Group reporting. Revenio Group Corporation Olli-Pekka Salovaara President & CEO For additional information: President & CEO Olli-Pekka Salovaara, GSM +358 (0)40 5675520 olli-pekka.salovaara@revenio.fi http://www.revenio.fi DISTRIBUTION: NASDAQ OMX Helsinki Financial Supervisory Authority (FIN-FSA) Key media www.revenio.fi Revenio Group Corporation, the parent company of the Finnish conglomerate Revenio Group, is listed on the NASDAQ OMX Helsinki exchange. Revenio Group Corporation's subsidiaries share a focus on Finnish specialist expertise and export-based operations. The Revenio Group comprises six independent subsidiaries that are organized into two 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. [HUG#1665814]
Revenio Group Corporation: REVENIO GROUP CORPORATION TO DIVEST DONE LOGISTICS OY
| Source: Revenio Group Oyj