Roblon A/S: Interim report for Q3 2015/16

Company Announcement No 15 - 2016

Interim report for Q3 2015/16   
(and the period from 1 November 2015 to 31 July 2016)

Roblon maintains its expectations after the first three
quarters of 2015/16

Summary of the first three quarters of 2015/16

• Order intake was DKK 215.9 million (DKK 166.3 million). This growth is mainly attributable to the Industrial Fiber segment.  
  • Order intake in Q3 was DKK 65.0 million (DKK 42.8 million) 

• As of 31 July 2016, the order book was DKK 74.2 million (DKK 41.5 million)
   
• Revenue amounted to DKK 170.7 million (DKK 169.4 million) 
  • Revenue in Q3 amounted to DKK 62.1 million (DKK 56.8 million)
     
• Operating profit (EBIT) amounted to DKK 16.3 million (DKK 21.0 million)
  • Operating profit (EBIT) in Q3 amounted to DKK 7.6 million (DKK 1.7 million)
     
• Profit before tax amounted to DKK 16.9 million (DKK 23.0 million)
  • Profit before tax in Q3 amounted to DKK 5.5 million (DKK 1.7 million)
     
• The gross margin was 55.4% (56.2%). The downturn is due to the revenue mix and rising raw material prices in the Industrial Fiber segment.
   
• The company is in the process of preparing a new strategy, which will be announced in a special company announcement before the end of October 2016.
   
• After the first three quarters of the financial year the management is maintaining its expectations for 2015/16, which were announced in the annual report for 2014/15.
  Revenue in the region of DKK 250 million and profit before tax of around DKK 25 million are therefore still expected in the financial year 2015/16.
   

Frederikshavn, 8 September 2016 
Roblon A/S 

Jørgen Kjær Jacobsen                                                       Lars Østergaard
Chairman of the Board                                                       Managing Director and CEO

Enquiries regarding this announcement must be made to:
Managing Director and CEO Lars Østergaard, tel. +45 9620 3300