Roblon (One-pager): Guidance maintained after Q1 2023/24 despite weaker FOC demand
Read the latest Roblon One-pager update following the Q1 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 maintains its full year guidance for around break-even EBIT, as continued weakness in its FOC segment was roughly in line with management’s expectations and improving activity levels for the remaining quarters can offset the negative EBIT result from Q1 2023/24. Roblon continues to see higher activity from its composite segment which is expected to continue based for several years to come, as the company pursues a return to consistent profitability.
To learn more about Roblon, its performance thus far in 2023/24, its outlook for the rest of the year, valuation perspectives, and more, read the full One-pager below. You can also catch up on the latest presentation of the annual accounts 2023/24 event, hosted with CEO Lars Østergaard.
Link to event: https://www.inderes.dk/videos/roblon-praesentation-af-arsregnskabet-202223
Disclaimer: HC Andersen Capital receives payment from Roblon for a DigitalIR/Corporate Visibility subscription agreement. / Philip Coombes 09:45 16/04/2024
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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