Interim report for Q1 2014/15
(PERIOD 01/11/2014 - 31/01/2015)
Roblon has seen good progress in revenue and profit levels in the first quarter
of 2014/15.
At its meeting today, the Board of ROBLON A/S adopted the company's unaudited
interim report for the first quarter for the period 1 November 2014 to 31
January 2015.
Summary:
* Revenue increased by 8.7 % to DKK 51.2 million (DKK 47.1
million)
* Operating profit (EBIT) increased to DKK 8.1 million (DKK 4.4
million)
* The EBIT margin increased to 15.8 % (9.3 %)
* Profit before tax increased to DKK 9.0 million (DKK 4.7 million)
* Profit after tax of the period increased to DKK 6.9 million
(DKK 3.5 million)
* The quarter progressed as expected in the four product group
areas. The "TWM" and "Offshore" product group areas in
particular were positively affected by individual orders and
project sales from the fourth quarter of the previous year.
* The magazine Wire & Cable Technology International has
recognised Roblon as the manufacturer of "Top Products of
2014", for the innovative and trendsetting product "PCU",
which the company launched at WIRE 2014 in Düsseldorf.
* The expansion of the building in Gærum by 2,500 m² remained on
schedule and was completed by the end of the first quarter of
2014/15.
* The management is maintaining its expectations from the
financial announcement dated 15 January 2015, which were that
revenue and earnings will be in the order of DKK 250-280 million and
DKK 40-50 million before tax respectively.
Frederikshavn, 26 February 2015
Roblon A/S
Jørgen Kjær Jacobsen Jens-Ole Sørensen
Chairman of the Board Managing Director
[HUG#1896512]
