ROBIT PLC'S GROWTH CONTINUED - STRONG PLATFORM FOR FUTURE GROWTH
ROBIT PLC PRESS RELEASE 22 FEBRUARY 2016 AT 11.00 A.M.
ROBIT PLC'S GROWTH CONTINUED - STRONG PLATFORM FOR FUTURE GROWTH
Robit Plc's net sales increased organically by nearly 20 percent. The year 2015 was one more in a chain of successful growth years despite the global market situation. The net sales increased by EUR 7,3 million reaching totally EUR 45,6 million.
Profitability described by EBITDA surpassed EUR 5 million (11.1 %) which was good when taking into consideration company's strong growth and overall market situation.
Robit Plc invested heavily in growth and recruited 25 persons during 2015. Total amount of personnel is 134.
Company has paid increasing attention to stronger presence in the global market. Company established an office in Lima, Peru and in the beginning of 2016 in Bangkok, Thailand.
Company has invested strongly in new technology by developing digital services and focusing on IoT technology (Internet on Things).
Robit Plc aims at strong organic growth through active sales. Thanks to IPO, the company has also notable capital which enables further acquisitions and structural growth. The management of the company is confident that the joint effect of these factors make further growth possible in forthcoming years.
ROBIT PLC
Mikko Mattila, CEO
Harri Sjöholm, Chairman
Further information:
Robit Plc
Mikko Mattila, CEO
+358 40 736 7001
Harri Sjöholm, Chairman
+358 400 622 092
harri.sjoholm@robit.fi
Certified Advisor
Skandinaviska Enskilda Banken AB (publ) Helsinki Branch
Tel. +358 9 6162 8101
Robit is a Finnish company selling and servicing global customers in drilling consumables for applications in tunnelling, geothermal heating and cooling, construction, and mining industries. The company's business is divided into Top Hammer, Down the Hole and Digital Services business units. The company has eight own offices and active sales networks in 115 countries. The company has production in Finland and South Korea. The company is listed in Nasdaq Helsinki Ltd's First North Finland marketplace with trading code ROBIT. For more information see www.robit.fi.
Distribution:
NASDAQ Helsinki
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