ROVI REPORTED TOTAL REVENUE GROWTH OF 13.2% AND GROSS MARGIN EXPANSION OF 6.5 PERCENTAGE POINTS
Thu, 23/07/2026 - 00:00
4 minROVI REPORTED TOTAL REVENUE GROWTH OF 13.2% AND GROSS MARGIN EXPANSION OF 6.5 PERCENTAGE POINTS









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OUTLOOK
ROVI maintains its operating revenue outlook for 2026.
ROVI expects its operating revenue to increase by a low- to mid-single-digit percentage compared to 2025. This outlook is subject to various factors, the evolution of which remains difficult to predict accurately. Among the main factors taken into account when preparing this guidance, the following may be highlighted:
In any event, the Company maintains a prudent approach to its outlook for 2026, reflecting the competitive environment and the current visibility of its main lines of business, which it will continue to monitor closely.
GAIN ON BARGAIN PURCHASE ARISING FROM THE ACQUISITION OF A MANUFACTURING FACILITY IN PHOENIX, ARIZONA
On 1 April 2026, ROVI announced the completion of the Asset Purchase Agreement signed between its subsidiary ROIS Phoenix Inc. ("ROIS Phoenix") and Bristol Myers Squibb (“BMS”) for the acquisition of a pharmaceutical manufacturing facility in Phoenix, Arizona (United States), together with a number of related assets and liabilities. Completion of this purchase agreement took place after the customary closing conditions for transactions of this nature had been satisfied and in the absence of any significant adverse change since the agreement was signed.
Simultaneously, Rovi Pharma Industrial Services, S.A.U. and BMS entered into a Toll Manufacturing Agreement, with an initial term of five years, that sets out the conditions under which ROIS Phoenix will continue to manufacture for BMS at the facility.
As a result of the purchase price allocation process, a bargain purchase gain of 62.4 million euros was recognised and booked as non-recurring revenue in the consolidated income statement.
Likewise, when accounting for business combinations, there is a 12-month measurement period in which to evaluate the facts and circumstances existing at the acquisition date and, therefore, the measurement presented as of 30 June 2026 is considered provisional.