Brief: Robit H2 EBITDA Swings To Loss Of EUR 3.9 Million

Robit Oyj

20/02/2019 06:05

Feb 20 (Reuters) - Robit Plc  ROBIT.HE :
    * REG-ROBIT PLC FINANCIAL STATEMENTS RELEASE 1 JANUARY - 31
DECEMBER 2018: DEVELOPMENT OF NET SALES AND PROFITABILITY
UNSATISFACTORY
    * H2 NET SALES EUR 39.6 MILLION VERSUS EUR 45.6 MILLION YEAR
AGO
    * PROPOSES TO ANNUAL GENERAL MEETING THAT NO DIVIDEND BE
DISTRIBUTED FOR 2018.
    * H2 EBITDA EUR -3.9 MILLION (0.3), CHANGE OF -1 351.7%
    * I 2019, COMPANY'S GOAL IS TO ACHIEVE POSITIVE EBITA
PROFITABILITY
    * OVERALL RESULT FOR YEAR WAS NEGATIVELY IMPACTED BY A
WRITE-DOWN
OF GOODWILL FOR DOWN THE HOLE

Source text for Eikon:  ID:nGNE4S3Yq5 
Further company coverage:  ROBIT.HE 

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