Brief: Robit Q1 EBITDA Up At EUR 1.6 Mln

Robit Oyj

22/04/2021 09:05

April 22 (Reuters) - Robit Plc  ROBIT.HE :
    * ROBIT PLC INTERIM REPORT 1 JANUARY–31 MARCH 2021: NET
SALES AND
PROFITABILITY IMPROVED
    * Q1 EBITDA EUR 1.6 MILLION (0.4)
    * Q1 NET SALES EUR 23.0 MILLION (21.5), CHANGE 7.1%
    * BELIEVES COVID-19 RESTRICTIONS TO HAVE A LIMITED IMPACT ON
DEMAND OF ROBIT'S PRODUCTS IN 2021
    * ROBIT EXPECTS MARKET SITUATION TO DEVELOP POSITIVELY AND
BELIEVES COVID-19 RESTRICTIONS TO HAVE A LIMITED IMPACT ON
DEMAND OF ROBIT'S PRODUCTS IN 2021
    * MINING INDUSTRY'S DEMAND IS EXPECTED TO REMAIN VERY STABLE
IN
2021
    * ROBIT ESTIMATES THAT NET SALES FOR 2021 WILL GROW AND
COMPARABLE
EBITDA PROFITABILITY IN EUROS WILL IMPROVE COMPARED WITH 2020

Source text for Eikon:  ID:nGNE4HDxND 
Further company coverage:  ROBIT.HE 

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