Roblon (One-pager): Q3'23/24 returns to positive earnings while divestment of US FOC is initiated
Read the latest Roblon One-pager update following the Q3 2023/24 results. The One-pager includes a brief description of Roblon, an update to the high-performance cable component industry outlook, latest financials, valuation perspectives relative to a peer group, and outlines several key investment risks and key investment reasons.
Roblon realised strong growth in its composite business in Q3 2023/24 (+71% y/y), but ongoing weakness in the FOC business (-10% y/y). Overall, the company returned to positive EBIT in Q3 but remains with a negative EBIT 9m’2023/24. Roblon also announced its plans to divest the US-based FOC operations and maintains its full-year guidance.
To learn more about Roblon, read the full one-pager below or catch up on the latest presentation of the H1 2023/24 event, hosted with Co-CEO and CFO Carsten Michno.
Link to event: https://www.inderes.dk/videos/roblon-praesentation-af-q2-regnskabet-202324
Disclaimer: HC Andersen Capital receives payment from Roblon for a DigitalIR/Corporate Visibility subscription agreement. / Philip Coombes 11:00 27/09/2024
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Roblon
Roblon är verksamt inom tillverkningsindustrin. Bolaget utvecklar fiberkablar med glasfiber och tillhörande maskinellt redskap för industriell användning. Produkterna säljs under varierande varumärken, anpassade för diverse processer och omgivningar. Kunderna återfinns inom flera sektorer, huvudsakligen inom industrin samt bland aktörer inom olje - och gassektorn. Bolaget grundades 1954 och har sitt huvudkontor i Frederikshavn.
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