Robit Plc PRESS RELEASE 12 August 2015 at 11.10 a.m.
ROBIT PLC HAS RELEASED ITS FIRST INTERIM REPORT JANUARY - JUNE 2015: GROWTH CONTINUES
Robit Plc has continued its growth during 1-6/2015 with 19,8 % compared with 1-6/2014. The company has strengthened its market position. The seven own sales companies with wide sales network in 115 countries have created a turnover of EUR 21,9 million with increase of EUR 3,6 million compared with H1/2014.
The profitability has remained stable representing about 8 % of sales.
The company has employed 24 new persons during the last twelve months period. Most of the new persons have been focused on sales and customer service.
The company has also implemented an active investment plan reaching a total EUR 4,3 million during 1-6/2015.
According to the management of Robit the global market has been stable and is still waiting for upturn. However there are some signals of pick up.
The company was listed on 21.5.2015 on the Nasdaq OMX Helsinki Ltd's First North Finland Marketplace, and as a result the company obtained EUR 30,439,768.76 in the issue after costs. These funds will be utilised for further growth of the company both in organically and via acquisitions.
Lempäälä, 12 August 2015
Robit Plc
CEO Jussi Rautiainen
Further information:
Jussi Rautiainen, CEO
Email jussi.rautiainen@robit.fi
Mob. +358 40 741 0369
Jukka Luoma, CFO
Email jukka.luoma@robit.fi
Mob. + 358 400 744 746
Harri Sjöholm, Chairman
Email harri.sjoholm@robit.fi
Mob. + 358 400 622 092
Robit develops, manufactures, supplies and services drilling consumables for applications in tunnelling, geothermal heating and cooling, construction, and mining industries. The Company's products can be divided into top hammer drilling consumables used for rock drilling and DTH (down-the-hole) drilling consumables used for ground drilling. The Company has sales companies in Finland, South Korea, the United States, Russia and South Africa, as well as a sales office in China as well as distribution network with approximately 160 distributors. Robit's products are sold to over 100 countries. The Company has production in Finland and South Korea.
Distribution:
NASDAQ OMX Helsinki
Key media
www.robit.fi