Brief: Robit Expects 2018 EBITA ex-items to fall yoy

Robit Oyj

15/06/2018 06:02

June 15 (Reuters) - Robit Plc  ROBIT.HE :
    * REG-ROBIT UPDATES ITS PROFIT GUIDANCE FOR YEAR 2018
    * EURO-DENOMINATED EBITA FOR YEAR 2018 (WITHOUT ITEMS
AFFECTING
COMPARABILITY) WILL BE SLIGHTLY LOWER THAN LEVEL OF 2017.
    * NET SALES IS NOT IN LINE WITH COMPANY'S LONG-TERM TARGET
LEVEL
    * ACQUIRED COMPANIES' NET SALES DEVELOPMENT IS BELOW
COMPANY'S
TARGETS.
    * RESULT OF FIRST HALF-YEAR 2018 HAS BEEN PRESSED BY DELAYED
START
OF PRODUCTION
    * GOAL-DIRECTED PRICING TO GROW MARKET SHARE IN CERTAIN
MARKETS
AND CUSTOMERS HAS BEEN PRESSING EBITA AS PERCENTAGE OF NET
SALES.

Source text for Eikon:  ID:nGNE8mX3Qz 
Further company coverage:  ROBIT.HE 

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