Brief: Robit Q4 Net Sales At EUR 26.3 Million

Robit Oyj

15/02/2022 09:05

Feb 15 (Reuters) - Robit Plc  ROBIT.HE :
    * REG-ROBIT PLC FINANCIAL STATEMENTS RELEASE 1 JANUARY–31
DECEMBER
2021: NET SALES AND ORDERS RECEIVED BREAK NEW RECORD
    * Q4 NET SALES EUR 26.3 MILLION VERSUS EUR  23.7 MILLION
YEAR AGO
    * Q4 EBITDA EUR 1.7 MILLION  VERSUS EUR 2.1 MILLION YEAR AGO
    * EXPECTS MARKET SITUATION TO REMAIN STRONG IF GEOPOLITICAL
RISKS
DO NOT MATERIALISE
    * BOARD OF DIRECTORS PROPOSES TO ANNUAL GENERAL MEETING THAT
NO
DIVIDEND BE PAID FOR 2021
    * COMPANY EXPECTS COVID-19 RESTRICTIONS TO HAVE A LIMITED
IMPACT
ON DEMAND OF ROBIT'S PRODUCTS IN 2022
    * DEMAND PROSPECTS FOR MINING INDUSTRY ARE GOOD FOR 2022
    * ROBIT ESTIMATES THAT NET SALES FOR 2022 WILL GROW AND
ADJUSTED
EBITDA PROFITABILITY IN EUROS WILL IMPROVE COMPARED WITH 2021,
ASSUMING THAT THERE ARE NO SIGNIFICANT CHANGES IN EXCHANGE RATES
COMPARED WITH END OF 2021 
    * PROSPECTS OF ROBIT'S CUSTOMERS ARE GOOD, AND PROJECTS
RELATED TO
INFRASTRUCTURE CONSTRUCTION THAT ARE ONGOING OR ABOUT TO BE
LAUNCHED SUPPORT PROSPECTS FOR 2022.

Source text for Eikon:  ID:nNDLc87tpQ 
Further company coverage:  ROBIT.HE 

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