Brief: Roblon announces acquisitions and establishment in United States
03/04/2017 13:34
April 3 (Reuters) - ROBLON A/S RBLNb.CO
* REG-ROBLON A/S: ROBLON A/S STRENGTHENS ROBLON INDUSTRIAL FIBER THROUGH ACQUISITIONS AND
ESTABLISHMENT IN THE UNITED STATES
* FOR 2016/17, ROBLON EXPECTS THAT REVENUE FROM ACQUISITION OF NEPTCO'S ACTIVITIES WILL MAKE
POSITIVE CONTRIBUTION TO GROUP'S REVENUE OF AROUND USD 5 MILLION (ABOUT DKK 35 MILLION)
* ONCE TRANSACTION COSTS RELATING TO THE ACQUISITION HAVE BEEN PAID, THE CONTRIBUTION TO
PROFIT FOR 2016/17 IS EXPECTED TO BE MODEST
* SAYS RISE IN REVENUE FROM AROUND DKK 240 MILLION TO DKK 275 MILLION AND CONTINUED PRE-TAX
PROFIT OF AROUND DKK 15 MILLION ARE EXPECTED IN 2016/17 FOR CONTINUING OPERATIONS
Source text for Eikon: ID:nGNERGGfR
Further company coverage: RBLNb.CO
(Gdynia Newsroom)
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