Brief: Robit Updates On Strategy

Robit Oyj

25/06/2019 14:10

June 25 (Reuters) - Robit Plc  ROBIT.HE :
    * REG-ROBIT PLC: ROBIT SHARPENS IT'S DOWN THE HOLE STRATEGY
    * NOW ROBIT IS CONSIDERING ACTIONS THAT WOULD PRIMARILY
CONCERN
MANUFACTURING OF HALCO PRODUCTS AND THEIR MANUFACTURING
LOCATIONS
    * MEASURES HAVE NO IMPACT ON BUSINESS OF ROBIT BRANDED
PRODUCTS
    * TARGET OF POSSIBLE REORGANIZATION IS TO SHARPEN COMPANY'S
HALCO-STRATEGY FURTHER UNDER PARALLEL BRAND.
    * THESE ARRANGEMENTS HAVE NO IMPACT ON ROBIT'S GUIDANCE FOR
2019
    * COMPANY'S GOAL IN 2019 IS TO ACHIEVE POSITIVE EBITA
PROFITABILITY AND A SIGNIFICANT RELEASE OF CAPITAL TIED UP IN
BUSINESS.

Source text for Eikon:  ID:nGNE1X8mLC 
Further company coverage:  ROBIT.HE 

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