Roblon Reports Steady Q1 Performance Amid Market Challenges

Roblon A/S Delivers Steady Financial Results in Q1 2024/25
Roblon’s revenue and earnings for the first quarter of 2024/25 meet expectations
The Board of Directors at Roblon A/S has reviewed and approved the interim report reflecting the company’s performance over the initial three months of the financial year 2024/25. This period showcased resilient revenue figures, emphasizing Roblon's continued commitment to delivering strong results.
Financial Highlights of the First Quarter
During this quarter, consolidated revenue reached DKKm 51.1, a slight decrease from DKKm 54.0 compared to the previous year. While the Composite product group saw a rise in revenue, the FOC product group experienced a decline. Nevertheless, the overall revenue remained within the anticipated range set by the Management.
For Q1 2024/25, the EBITDA achieved was DKKm 6.7, a notable increase from DKKm 4.0 in the same period last year. Moreover, the EBIT turned positive at DKKm 3.0, an improvement over the loss of DKKm 0.3 incurred in the prior year. This data is consistent with the expectations laid out by Management.
Profitability and Strategic Developments
The profit after tax, which consolidates both continuing and discontinued operations, reported at DKKm 2.3 this quarter, recovering significantly from a loss of DKKm 8.8 in the previous year. Management highlighted in a previous announcement that the divestment process of Roblon’s US subsidiary is taking longer than anticipated. The company aims to complete this strategic divestment by the end of July 2025.
Selected Financial Metrics for Q1
- Order intake by the Group reached DKKm 86.7, up from DKKm 63.7 last year.
- The Group's order book stood at DKKm 88.5, a rise from DKKm 75.9.
- Gross revenue at DKKm 51.1, showing a decrease from DKKm 54.0.
- Gross margin improved to 60.6% compared to 55.4%.
- Operating EBITDA tallied at DKKm 6.7 compared to DKKm 4.0 last year.
- Operational EBIT showed a notable improvement at DKKm 3.0, succeeding the previous loss.
- Financial items recorded net income of DKKm 1.5, contrasting with a loss of DKKm 1.1 last year.
- Profit before tax from continuing operations amounted to DKKm 4.6, rebounding from a loss of DKKm 1.4.
- Loss from discontinued operations after tax was DKKm 1.3, reduced from a loss of DKKm 7.4.
- Net cash outflow from operating activities was DKKm 6.9, an improvement from DKKm 10.2.
Full-Year Guidance for 2024/25
At the conclusion of Q1 2024/25, Management retains the previously stated full-year guidance, indicating expectations of:
- Revenue targeted between DKKm 210-240
- EBITDA before special items projected at DKKm 30-40
- EBIT before special items anticipated in the range of DKKm 16-26
Furthermore, anticipated special items linked to costs associated with the subsidiary’s divestment are estimated between DKKm 2.5 and 4.
Frequently Asked Questions
1. What were Roblon's total revenues for Q1 2024/25?
Roblon’s consolidated revenue for the first quarter was DKKm 51.1.
2. How did Roblon's profitability change in Q1?
Profit after tax improved to DKKm 2.3, a significant recovery from the previous year’s loss.
3. What are Roblon's future earnings guidance for 2024/25?
Roblon has set full-year guidance for revenues between DKKm 210-240 and EBITDA of DKKm 30-40.
4. What is impacting Roblon's divestment of its US subsidiary?
The divestment process is taking longer than expected, with completion anticipated by July 2025.
5. What were the financial highlights for the first quarter?
Key highlights include positive EBIT of DKKm 3.0 and an increase in overall order intake to DKKm 86.7.
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