MENU Investors Robit as an investment Strategy Market Overview Consolidated Key Figures Releases Financial Information Investor Calendar Share Information Shareholders Insiders Corporate Governance Investor Contacts New Shares 2017 Transfer to Main List 2017 ROBIT’S PROFITABILITY IMPROVED SIGNIFICANTLY Robit achieved record net sales in the third quarter, which was the tenth in a row where Robit grew on the corresponding period. Also, the company’s profitability improved significantly. Robit’s net sales for the third quarter of the year totalled EUR 26.4 million (24.2). There was an increase of 8.9 percent compared to the corresponding period and an increase of 5.9 percent in constant currencies. Simultaneously, the EBITDA profitability improved by 51.0 percent to EUR 2.5 million (1.7). Orders received totalled EUR 25.6 million. There was an increase of 4.6 percent compared to the corresponding period. The company’s net sales in January–September grew by 9.6 percent from the corresponding period and totalled EUR 74.5 million (67.9). In constant currencies, the change was 7.2 percent. The EBITDA profitability improved to EUR 5.9 million in January–September (3.1). The Top Hammer business grew by 15.1 percent supported in particular by the new mining customers during the first nine months. Simultaneously, Down-the-Hole business grew by 3.7 percent steadily in all customer segments. Geographically, the company’s growth was especially driven by the Americas and EMEA market areas in January–September, while Asia and East market areas were left behind the corresponding period. Robit expects the market situation to remain on a good level in the end of the year. The company estimates that net sales for 2021 will grow and comparable EBITDA profitability in euros will improve as follows: net sales being between EUR 97.0–101.0 million and comparable EBITDA profitability being at least EUR 7.0 million, assuming that exchange rates remain on the level of September 2021. INTERIM REPORT PRESS RELEASE Last edited: 28.10.2021 Robit as an investment Robit is a strongly internationalized growth company servicing global customers and selling drilling consumables for applications in the mining, construction, geoengineering and well drilling industries. The company’s offering is divided into three product and service ranges: Top Hammer, Down the Hole and Geotechnical. Robit has sales and service points in 9 countries and active sales networks in over 100 countries. Robit’s manufacturing units are located in Finland, South Korea, Australia and the UK. BUSINESS AREAS Top Hammer Business Top Hammer business comprises rock drilling consumables as well as digital products and services for drilling operations. Top Hammer products are mainly used in mining, underground quarrying, construction and quarrying of rock material. Down the Hole Business Down the Hole business comprises DTH consumables to ground drilling. The Down the Hole business is divided into two areas: DTH products serving the production drilling of the mining and excavation segment, and Geotechnical products specialising in the civil engineering and well drilling segment. Click here if you can't see the subscription form. CONTACT US Welcome to our website! How can we serve You? I am looking for more information about products and applications Robit Plc Vikkiniityntie 9 FIN-33880 Lempäälä, Finland Phone +358 3 3140 3400 Email sales@robitgroup.com Navigation Front Page Products Applications References Material News Company Sustainability Careers Contact Us Investors Distributorsnet Social media YouTube LinkedIn Twitter Facebook Instagram We use cookies to collect information about how you use our website and to improve our customer experience. Read our Privacy Policy to learn more.ACCEPTDECLINEPRIVACY POLICY