Roblon (One-pager): Divestment of US unit to improve profitability in 2024/25
Read the latest Roblon One-pager update following the full year 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.
For 2023/24 (covering the period 1/11-2023 to 31/10-2024), revenue will thus amount to DKK 347.6 million, divided between DKK 245.4 million on continuing activities and DKK 102.2 million on discontinued activities. EBITDA and EBIT are reported solely on continuing activities, and amount to DKK 44.9 million and DKK 29.3 million, respectively. Total result for the year will amount to DKK -9.6 million, divided between +21.0 million (continuing) and DKK -30.6 million (discontinued).
To learn more about Roblon, read the full one-pager below or catch up on the latest presentation of the FY 2023/24 event, hosted with Co-CEO and CFO Carsten Michno.
Link to event: https://www.inderes.dk/videos/roblon-praesentation-af-arsregnskabet-for-202324
Disclaimer: HC Andersen Capital receives payment from Roblon for a DigitalIR/Corporate Visibility subscription agreement. / Philip Coombes 10:41 08/01/2025
Roblon
Roblon develops high performance fiber solutions and technologies with a history dating back to 1957, when the company was founded. Roblon produces the fibers, made of fiberglass, aramid etc. that are used to reinforce and protect vital cables in various industries. The company is divided into two main business areas – Fiber Optic Cables (FOC) and Composite. The FOC segment is usually a sub-supplier to large cable producers, where the end customers are typically global internet and telecom providers. The Composite segment is usually a sub-supplier to the producers of wires and cables, which supply global oil & gas companies as well as companies that are active within wind energy. Roblon is headquartered in Frederikshavn (Denmark) and has production facilities in Gærum (Denmark), Hickory, North Carolina (USA) and the recently acquired Vamafil in the Czech Republic. Roblon is thus active with production and sales in both Europe and the USA.
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