Roblon A/S: Interim report for Q1 2017/18
Company announcement no 3/2018
Interim report - Q1 2017/18 (the period 1 November 2017 - 31 January 2018)
Full-year guidance for 2017/18 is maintained
The Board of Directors of Roblon A/S has today considered and
approved the interim report for Q1 2017/18
Roblon has concluded an agreement to sell the largest part of the Engineering segment effective at 23 February 2018. The profit/loss from
the divested business for Q1 2017/18 is reported under discontinued operations, and comparative figures have been restated.
Highlights of the Q1 interim report of the continuing operations of the Roblon Group:
· The order intake was DKKm 48.7 (DKKm 45.9).
· The order book at 31 January 2018 stood at DKKm 34.4 (DKKm 40.2).
· Revenue was DKKm 63.9 (DKKm 34.5).
· Operating profit (EBIT) was DKKm 10.5 (DKKm 3.4).
· Profit before tax was DKKm 11.5 (DKKm 4.4).
· Profit before tax was DKKm 9.0 (DKKm 3.4).
Guidance for 2017/18:
The consolidated revenue and performance for Q1 2017/18 was better than expected. However, revenue for the quarter was positively
affected by project sales which were projected to be realised over a period later in the financial year. The positive development
thus does not change Management's full-year guidance for the Group, which, as stated in announcement no. 2/2018, is also
affected by overhead costs of around DKKm 6 that were previously allocated to and included in the profit/loss from the divested part
of Roblon Engineering.
After Q1, Management maintains its guidance for 2017/18 as set out in announcement no. 2/2018. For the financial year 2017/18,
unchanged revenue of around DKKm 235 and profit before tax of around DKKm 25 is forecast in respect of the Group's continuing
Jørgen Kjær Jacobsen Lars Østergaard
Chairman of the Board Managing Director and CEO
Enquiries regarding this announcement should be addressed to:
Managing Director and CEO Lars Østergaard, tel. +45 9620 3300.