Interim report Q1 2022/23
Roblon maintains full-year profit guidance for 2022/23.
The Group’s reported revenue for the first quarter of 2022/23 did not match expectations, whereas EBIT was better than expected, driven by an improved gross margin.
Selected financial highlights:
- The Group’s order intake amounted to DKKm 100.1 in Q1 2022/23 (DKKm 114.8). The order intake is expected to rise in the coming three quarters.
- At the end of January 2023, the Group’s order book amounted to DKKm 132.5 (DKKm 116.8).
- Revenue of DKKm 81.3 (DKKm 78.3), which was less than expected.
- Gross margin of 52.5% (46.6%).
- Operating profit before depreciation, amortisation and impairment and special items (EBITDA) of DKKm 3.4 (DKKm 1.5).
- Operating loss before special items (EBIT) of DKKm 3.6 (a loss of DKKm 4.6).
- Financial items amounted to a net expense of DKKm 1.9 (net income of DKKm 2.5).
Full-year guidance for 2022/23 is maintained:
- Revenue in the DKKm 430-470 range (2021/22: DKKm 380.9).
- Operating profit before depreciation, amortisation and impairment and special items (EBITDA) in the range of DKKm 40-55 (2021/22: DKKm 23.4).
- Operating profit before special items (EBIT) in the range of DKKm 10-25 (2021/22: a loss of DKKm 3.8).
- Management continues to expect revenue and earnings in 2022/23 to be under pressure from the international political situation, currency and interest rate challenges, energy prices, inflation and derived market, supply and logistics challenges and uncertainties. Accordingly, the full-year guidance for the year remains subject to substantial uncertainty.
Frederikshavn, 16 March 2023
Roblon A/S
Jørgen Kjær Jacobsen Lars Østergaard
Chairman of the Board Managing Director and CEO
Enquiries regarding this announcement should be addressed to:
Managing Director and CEO Lars Østergaard, tel. +45 9620 3300
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