InterimReport

ROBIT PLC INTERIM REPORT JANUARY-JUNE 2016: ACQUISITIONS BOOST COMPANY’S OPERATIONS

Acquisitions played a key role of Robit Plc’s first half-year.  The company made major acquisitions in Australia and England.

Robit Plc’s operative profitability improved in the review period, even though its net sales declined slightly (-4,0 percent). The company’s EBITDA increased to 12,0 percent so to EUR 2.5 million (10,7 percent and EUR 2.3 million in H1/2015).

The company continued building its international sales network by establishing a sales office to Thailand (Bangkok). Through the acquisitions Robit Plc has advanced to a global player and it has four manufacturing plants: Finland, South Korea, Australia and England. Approximately two thirds of the company’s personnel are located outside Finland.

KEY FINANCIALS 1–6/2016 1–6/2015 Change, % 1–12/2015
Net sales, EUR 1.000 21.031 21.913 -4,0 45.588
EBITDA, EUR 1.000 2.515 2.353 6,9 % 5.066
EBITDA, percent of sales 12,0 % 10,7 % - 11,1 %
EBITA, EUR 1.000 1.534 1.735 -11,6 3.448
Operating profit, EUR 1.000 1.506 1.706 -11,7 3.389
Operating profit, percent of sales 7,2 7,8 - 7,4
Net income for the review period, EUR 1.000 1.162 1.403 -17,2 2.244

Regionally, Robit Plc increased its net sales in EMEA region (Europe, Middle East, Africa).

The above mentioned acquisitions broadened significantly the company’s product offering, further strengthened its market coverage and increased production capacity, so acquisitions will play a very significant role in the future growth.

Please download: Robit® Interim Report January – February 2016

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