Roblon A/S
Preliminary Statement 2009/10 from Roblon A/S

Roblon A/S 

04.01.2011 15:07
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At their meeting today, the Board of Director's of Roblon A/S approved the
Annual Report for 2009/10 (01.11.2009 - 31.10.2010). 

Summary:

  --  Roblon A/S has achieved a profit before tax of DKK 31.2 million for the
      financial year 2009/10, which is an increase of 126.7% compared with the
      DKK 13.8 million for the previous year.

  --  Profit after tax was DKK 23.5 million compared to DKK 10.2 million the
      previous year.

  --  Profit on primary activities is DKK 27.8 million compared to DKK 12.0
      million the previous year.

  --  Turnover amounted to DKK 201.7 million, an 8.5% increase on DKK 185.9
      million in the previous year.

  --  The three divisions achieved satisfactory profit and turnover levels that
      were better than expected for all divisions at the start of the year.

  --  Roblon Industrial Fiber achieved positive growth in the cable area
      compared to the previous year. Growth in the offshore area improved
      substantially, and had a positive impact on the division's total profit
      margin.

  --  The global financial and economic crisis and its consequences still have a
      siginificant impact on the Lighting and Engineering divisions.

  --  Given the impact of the current market situation and seen in the light of
      the expectations at the beginning of the year, the Board considers the
      results of the year for Roblon A/S to be fully acceptable.

  --  There is a proposed dividend of 50%, which amounts to DKK 17.9 million.

  --  During the year Roblon A/S has developed and implemented a new strategy
      process, which a.o. has meant introduction of a major restructuring
      programme that will dissolve the three divisions and replace them by a
      more flexible matrix organisation. This means that there will no longer be
      reporting for three separate divisions.

  --  A new development and technology centre has been established in the
      building in Sæby, where Roblon's development resources are now gathered in
      a common development function.

  --  In the financial year 2010/11, turnover is expected to be in the region of
      DKK 210 million and profit before tax in the range DKK 23-27 million.


         Managing Director Jens-Ole Sørensen, phone +45 96203300
News Source: NASDAQ OMX



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Language:     English
Company:      Roblon A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010133008
WKN:          
 
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