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Tuesday, 13 March 2018

Roblon A/S: Interim report for Q1 2017/18

Roblon A/S    

Published: 14:12 CET 13-03-2018 /GlobeNewswire /Source: Roblon A/S / : RBLN B /ISIN: DK0060485019

Roblon A/S: Interim report for Q1 2017/18

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



 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.

Company Annoucement no 3/2018

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Roblon A/S, Nordhavnsvej 1, Frederikshavn DK-9900, Denmark
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