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Mikael Rautanen
  • Mikael Rautanen

We update our analysis of Revenio Group’s subsidiary Icare Finland O...

​We update our analysis of Revenio Group’s subsidiary IcareFinland Oy and revise our estimate of the valuation to 145 MEUR.Icare’s business has developed very favorably and in accordanceto expectations since our last update in 3/2013. The main driverfor elevated value estimate in our report is the potential of thenew HOME product.Icare continues to take market share from old technologiesIcare Finland Oy develops, sells and markets easy to use, portable and painlesstonometers. The products ...

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