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Roblon Interim / Quarterly Report 2018

Mar 13, 2018

3456_rns_2018-03-13_fa93863b-b9ab-4d34-8030-d4c4434ac1b0.html

Interim / Quarterly Report

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

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

activities.

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.

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