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

Company Announcement No. 15 - 2016

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Roblon A/S via GlobeNewswire