Brief: Roblon Q1 2018/19 Operating Result Swings To Loss DKK 10.7 Mln

Roblon A/S

12/03/2019 12:46

March 12 (Reuters) - Roblon A/S  RBLNb.CO :
    * REG-INTERIM REPORT - Q1 2018/19
    * OUTLOOK FOR 2018/19: HALF-WAY THROUGH Q2 OF FINANCIAL
YEAR,
LEVEL OF ACTIVITY IS STARTING TO RISE.
    * FOR Q2, MANAGEMENT EXPECTS A BREAK-EVEN RESULT
    * ROBLON'S EARNINGS FOR 2018/19 FINANCIAL YEAR IS EXPECTED
TO BE
REALISED IN SECOND HALF.
    * Q1 REVENUE OF DKKM 55.0 (DKKM 63.9).
    * ROBLON - EXPECTS 2018/19 REVENUE AND PROFIT BEFORE TAX AT
LOWER
END OF PREVIOUSLY GUIDED RANGES OF REVENUE OF DKKM 350-380
(2017/18: DKKM 221.8)
    * SEES 2018/19 PROFIT BEFORE TAX OF DKKM 24-30 (2017/18:
DKKM 9.6)
    * Q1 OPERATING LOSS OF DKKM 10.7 (PROFIT OF DKKM 10.5)
    * BUSINESS VOLUMES WITH A LARGE CUSTOMER IN WIND TURBINE
INDUSTRY
IS SUBJECT TO INCREASED UNCERTAINTY
    * Q1 ORDER INTAKE OF DKKM 62.9 (DKKM 48.7)
    * GUIDANCE SHOULD BE CONSIDERED IN LIGHT OF A DISAPPOINTING
START
TO FINANCIAL YEAR
    * CONTINUING UNCERTAINTY CONCERNING TIMING OF PROJECT ORDER
INTAKE

Source text for Eikon:  ID:nGNE9JDzyF 
Further company coverage:  RBLNb.CO 

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