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Interim report - Q2 2017/18 - Half year

News Provided by GlobeNewswire2018-06-26

Company Announcement no. 5-2018

Interim report – Q2 2017/18 (the period 1 November 2017 – 30 April 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 Q2 2017/18

Highlights for the Roblon Group for H1 2017/18:

The order intake was DKKm 82.0 (DKKm 91.8).
The order book at 30 April 2018 stood at DKKm 23.1 (DKKm 33.9).
Revenue was DKKm 108.5 (DKKm 86.6).
Operating profit (EBIT) was DKKm 10.8 (DKKm 11.2).
Profit before tax was DKKm 12.4 (DKKm 12.8).
Profit after tax for continuing and discontinued operations was DKKm 17.0 (DKKm 14.2).
In April 2018, the Group invested DKKm 12.7 in acquiring business activities in the USA and in that connection signed a three-year project contract with potential revenue of up to USDm 15-20. The project contract includes an option to extend the delivery of fibre-based solutions for the wind turbine industry beyond the three-year project period.
As stated in Company Announcement no. 2-2018, Roblon concluded an agreement in February 2018 to sell the largest part of the Roblon Engineering segment. The profit/loss from the divested business is reported under discontinued operations,
and comparative figures have been restated.
After the signing of the above-mentioned project contract for delivery of fibre-based products for the wind turbine industry, as stated in Company Announcement no. 4-2018, Management expected full-year 2017/18 revenue from continuing operations of around DKKm 255.0 (2016/17: DKKm 198.6) and profit before tax of around DKKm 28.0 (2016/17: DKKm 21.6). This management guidance is maintained after H1 2017/18.

Frederikshavn, 26 June 2018

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

Roblon A/S
Nordhavnsvej 1
DK-9900 Frederikshavn
CVR no. 57 06 85 15

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