Preliminary Statement 2010/11
At their meeting today, the Board of Director´s of Roblon A/S approved the
Annual Report for 2010/11 (01.11.2010 - 31.10.2011).
Summary:
* In the financial year 2010/11 Roblon A/S realised better revenue and profits
than expected at the start of the year.
* The profit before tax was DKK 36.9 million, DKK 5.7 million higher than last
year's profit of DKK 31.2 million, which corresponds to an increase of
18.3%.
* The profit after tax rose by DKK 4.1 million to DKK 27.6 million compared to
DKK 23.5 million last year.
* The operating profit of DKK 36.4 million was DKK 8.6 million higher than
last year, which corresponds to an increase of 30.9%.
* Revenue increased by 11.0% to DKK 223.8 million compared to DKK 201.7
million last year.
* Against the background of a strong strategic focus, the second half of the
financial year 2010/11 was very satisfactory for Roblon, especially within
machines for the rope industry and the cable industry, and within fibre-
based products for manufacturers of lighting cables, the development has
been positive.
* Under the influence of the global financial uncertainty that characterises
many markets, Roblon A/S's board considers the profit for the year to be
very satisfactory.
* There is a proposed dividend of 70%, which amounts to DKK 25.0 million.
* From the beginning of the year, Roblon A/S has implemented a comprehensive
organisational change, the aims of which include improving efficiency and
creating more flexible decision-making processes, as well as making the
organisation more customer-oriented.
* Having previously worked and been structured in three independent divisions,
work now takes place across the organisation, which now works and functions
as one unit and company.
* The new business structure means that Roblon A/S reports all conditions and
information from 2010/11 in one annual report and as one company. According
to IFRS, information regarding revenue and contribution margin 1 is this
year made on two segments.
* In the financial year 2011/12, revenue is expected to be in the area of DKK
230 million and profit before tax in the area of DKK 30 million.
Frederikshavn, January 9, 2012
Klaus Kalstrup Jens-Ole Sørensen
Chairman of the Board Managing Director
[HUG#1576016]
