Edition:
United States

Robit Plc (ROBIT.HE)

ROBIT.HE on Helsinki Stock Exchange

7.90EUR
15 Dec 2017
Change (% chg)

€-0.05 (-0.63%)
Prev Close
€7.95
Open
€7.95
Day's High
€7.95
Day's Low
€7.83
Volume
8,442
Avg. Vol
11,138
52-wk High
€12.00
52-wk Low
€7.60

Latest Key Developments (Source: Significant Developments)

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

Robit investigates transfer to main list
Tuesday, 28 Feb 2017 04:30am EST 

Robit Plc : Has decided to initiate study on possibility of transferring to Nasdaq Helsinki main list during 2017 . Says is assessing alternatives for financing growth .Says will continue to analyse potential acquisition targets as part of its growth strategy.  Full Article

Robit H2 EBITA up at EUR 5.2 million
Tuesday, 28 Feb 2017 04:09am EST 

Robit Plc : H2 net sales 42.9 million euros versus 23.7 million euros year ago . H2 EBITA 5.2 million euros versus 1.7 million euros year ago .Proposes dividend of 0.10 euro per share be paid for 2016.  Full Article

Mika Virtanen appointed new group CEO of Robit Plc
Friday, 17 Feb 2017 03:00am EST 

Robit Plc : Mika Virtanen appointed new group CEO of Robit Plc .Virtanen will officially commence on May 1 2017.  Full Article