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
activities.
Roblon A/S
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.
Attachment:http://www.globenewswire.com/NewsRoom/AttachmentNg/98bcdcf8-a5ff-4137-b2de-0397f503f53a