Roblon - Interim / Quarterly Report 2016

Roblon A/S: Interim report for Q2 2015/16 (the period from 1 November 2015 to 30 April 2016)

Roblon A/S: Interim report for Q2 2015/16 (the period from 1 November 2015 to 30 April 2016)

Company Announcement No 14 - 2016

Positive performance in the second quarter. The expectations for 2015/16 are maintained.

Summary

Order intake in the first half of the year was DKK 150.9 million (DKK 123.5 million). The growth is mainly attributable to the Industrial Fiber segment.
The order book at the end of April 2016 was DKK 71.4 million (DKK 56.8 million).
Revenue amounted to DKK 108.6 million (DKK 112.7 million).
Operating profit (EBIT) amounted to DKK 8.7 million (DKK 19.4 million).
Profit before tax amounted to DKK 9.9 million (DKK 20.9 million).
The gross margin was 55.7% (61.2%). The downturn is due to the revenue mix and falling profit margins in Industrial Fiber due to rising raw material prices.
After Q2, 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 DKK 25 million is therefore expected in the financial year 2015/16.

Frederikshavn, 9 June 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

HUG#2015020

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