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Robit Plc (ROBIT.HE)

ROBIT.HE on Helsinki Stock Exchange

6.84EUR
12:00pm EST
Change (% chg)

€-0.14 (-2.01%)
Prev Close
€6.98
Open
€6.90
Day's High
€6.96
Day's Low
€6.76
Volume
5,697
Avg. Vol
13,544
52-wk High
€12.00
52-wk Low
€6.31

Latest Key Developments (Source: Significant Developments)

Robit Plc H2 EBITA Swings To Loss Of EUR ‍1.9​ Million
Tuesday, 20 Feb 2018 06:57am EST 

Feb 20 (Reuters) - ROBIT PLC ::REG-FINANCIAL STATEMENTS RELEASE JANUARY 1 - DECEMBER 31, 2017: ROBIT PLC'S GROWTH CONTINUED +38 %, PROFITABILITY DISAPPOINTING.H2 NET SALES EUR ‍45.6​ MILLION VERSUS EUR 43.0 MILLION YEAR AGO.H2 EBITA LOSS EUR ‍1.9​ MILLION VERSUS PROFIT EUR 3.2 MILLION YEAR AGO.‍LONG-TERM STRATEGIC GOAL IS TO ACHIEVE AN EBITA MARGIN OF OVER 13 PERCENT OVER ECONOMIC CYCLE​.BOARD OF DIRECTORS PROPOSES A DIVIDEND DISTRIBUTION OF 0.10 EURO PER SHARE TO BE PAID ON OUTSTANDING SHARES.  Full Article

Robit Opens Production Facility In South Korea
Thursday, 8 Feb 2018 05:00am EST 

Feb 8 (Reuters) - ROBIT PLC ::ROBIT OPENED A MAJOR PRODUCTION FACILITY IN SOUTH KOREA.‍NEW PRODUCTION FACILITY IS LOCATED IN FOREIGN INVESTMENT AREA IN HWASEONG, GYEONGGI-DO​.‍TOTAL INVESTMENT RELATED TO PRODUCTION FACILITY IS APPROXIMATELY USD 12,4 MILLION​.  Full Article

Robit Updates Its Profit Guidance For Year 2017
Monday, 18 Dec 2017 01:30am EST 

Dec 18 (Reuters) - Robit Plc ::REG-ROBIT UPDATES ITS PROFIT GUIDANCE FOR YEAR 2017.‍NET SALES FOR YEAR 2017 WILL BE APPROXIMATELY EUR 90 MILLION​.EBITA FOR YEAR 2017 (WITHOUT ITEMS AFFECTING COMPARABILITY) WILL BE ZERO OR SLIGHTLY NEGATIVE​.  Full Article

Robit 9 month net sales up at EUR ‍65.7​ million
Thursday, 19 Oct 2017 05:00am EDT 

Oct 19 (Reuters) - ROBIT PLC ::9 MONTH NET SALES EUR ‍65.7​ MILLION VERSUS EUR 42.0 MILLION YEAR AGO.SAYS ‍EBITA AS PERCENTAGE OF NET SALES WILL BE SIGNIFICANTLY LOWER THAN IN 2016 IF MARKET DEMAND STAYS AT CURRENT LEVEL.‍FY 2017 RESULT PRESSED BY INTEGRATION OF NEW UNITS, ONE-TIME COSTS RELATING TO ERP SYSTEM AND INTENSE PERSONNEL INVESTMENTS ​.SAYS NET SALES FOR FINANCIAL YEAR 2017 WILL BE IN LINE WITH COMPANY'S EXPECTATIONS.​.‍FINANCIAL TARGET IS TO REACH ANNUAL ORGANIC GROWTH OF AT LEAST 15 PERCENT.​.‍LONG-TERM STRATEGIC TARGET IS AN EBITA MARGIN OF OVER 13 PERCENT.​.  Full Article

Robit and ABB signs comprehensive co-operation agreement
Wednesday, 21 Jun 2017 05:00am EDT 

June 21 (Reuters) - ROBIT PLC ::ROBIT PLC AND ABB SIGNED A COMPREHENSIVE CO-OPERATION AGREEMENT.‍AGREEMENT CONCERNS PRODUCTIONAL INVESTMENT IN SOUTH KOREA, WHICH HAS BEEN DISCLOSED IN A COMPANY RELEASE ON 23 MARCH ​.FACTORY FOCUSING ON TOP HAMMER PRODUCT LINE'S ROD AND SHANK MANUFACTURING IS ESTIMATED TO BEGIN PRODUCTION BY END OF YEAR 2017..  Full Article

Robit gets gross proceeds of EUR 49.5 million in an accelerated book-built offering
Wednesday, 24 May 2017 06:00am EDT 

May 24 (Reuters) - ROBIT PLC :RECEIVED GROSS PROCEEDS OF EUR 49.5 MILLION IN AN ACCELERATED BOOK-BUILT OFFERING YESTERDAY ON 23 MAY 2017.ROBIT PLC TRANSFERRED TO THE MAIN LIST AND RECEIVED GROWTH PROCEEDS OF EUR 49.5 MILLION.ISSUED 5,000,000 NEW SHARES IN COMPANY TO INSTITUTIONAL INVESTORS.SUBSCRIPTION PRICE WAS SET AT EUR 9.90 PER OFFER SHARE.ROBIT TRANSFERRED TO MAIN LIST ON 17 MAY 2017.  Full Article

Robit signs a comprehensive co-operation and delivery agreement with Rototec
Tuesday, 16 May 2017 07:00am EDT 

May 16 (Reuters) - ROBIT PLC :ROTOTEC OY AND ROBIT OYJ HAVE SIGNED A COMPREHENSIVE CO-OPERATION AND DELIVERY AGREEMENT..SAYS TARGET OF COLLABORATION IS TO ADVANCE UTILIZATION OF GEOTHERMAL ENERGY BOTH IN FINLAND AND SCANDINAVIA.  Full Article

Robit to apply for listing on official list of Helsinki Stock Exchange
Friday, 12 May 2017 06:30am EDT 

May 12 (Reuters) - ROBIT PLC :REG-ROBIT PLC DECIDED TO APPLY LISTING OF COMPANY'S SHARES ON THE OFFICIAL LIST OF THE HELSINKI STOCK EXCHANGE - THE FINNISH FINANCIAL SUPERVISORY AUTHORITY HAS APPROVED ROBIT PLC'S FINNISH PROSPECTUS.TRADING IN COMPANY'S SHARES ON OFFICIAL LIST IS EXPECTED TO START ON 17 MAY 2017..LISTING OF ROBIT PLC'S SHARES IS CONDITIONAL ON HELSINKI STOCK EXCHANGE APPROVING COMPANY'S LISTING APPLICATION.  Full Article

Robit Q1 net sales up to EUR 20.0 mln
Thursday, 20 Apr 2017 04:01am EDT 

April 20 (Reuters) - ROBIT PLC :REG-ROBIT PLC'S NET SALES OF THE FIRST QUARTER 2017.UNAUDITED NET SALES IN REVIEW PERIOD 1-3/2017 TOTALED EUR 20,049 THOUSAND (EUR 9,395 THOUSAND IN COMPARATIVE PERIOD 1-3/2016),.SAYS INCREASE WAS DUE TO ORGANIC AND ESPECIALLY STRUCTURAL GROWTH RESULTING FROM ACQUISITIONS.SAYS LONG-TERM STRATEGIC FINANCIAL TARGET IS TO REACH ANNUAL ORGANIC GROWTH OF AT LEAST 15 PERCENT..LONG-TERM STRATEGIC TARGET IS AN EBITA-MARGIN OF OVER 13 PERCENT..  Full Article

Robit establishes sales company in Kazakhstan
Thursday, 13 Apr 2017 03:00am EDT 

ROBIT PLC : REG-ROBIT PLC EXPANDS TO KAZAKHSTAN .HAS ESTABLISHED A SALES COMPANY (TOO ROBIT KAZAKHSTAN) IN UST-KAMENOGORSK, KAZAKHSTAN.  Full Article