Brief: Robit Proposes No Dividend For 2023

Robit Oyj

21/02/2024 07:11

Feb 21 (Reuters) - Robit Oyj  ROBIT.HE :
    * ESTIMATES THAT, IN 2024, NET SALES WILL INCREASE AND
COMPARABLE
EBIT PROFITABILITY IN EUROS WILL IMPROVE COMPARED TO 2023.
    * MARKET DEMAND WEAKENED DURING 2023, WHICH AFFECTED
CONSTRUCTION
INDUSTRY IN EUROPE AND ASIA IN PARTICULAR
    * IN 2024, COMPANY'S STOCK LEVEL IS NOT EXPECTED TO DECREASE
AS
SIGNIFICANTLY AS IN 2023
    * LONG-TERM TARGET IS TO ACHIEVE ORGANIC NET SALES GROWTH OF
15%
ANNUALLY AND COMPARABLE EBITDA PROFITABILITY OF 13%
    * PROPOSES TO ANNUAL GENERAL MEETING THAT NO DIVIDEND BE
PAID FOR
2023

Source text for Eikon:  ID:nGNE36Nrt3 
Further company coverage:  ROBIT.HE 

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