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2016-01-14

Roblon A/S : Preliminary Statement 2014/15

* Roblon's actual revenue and earnings were as expected after Q3 2014/15.
* The new Managing Director and CEO took over on 5 January 2016.
* Management expects to see a rise in revenue and earnings in 2015/16.

Summary

* Revenue fell to DKK 227.7 million (259.8 million) as a consequence of the
decline in the product groups Fibre cable materials and cable machinery and
Lighting.
* Operating profit (EBIT) was DKK 22.1 million (51.3 million) and was
negatively affected by the fall in revenue. The profit figure was also
affected by approx. DKK 8 million consisting of the severance package paid
to the former managing director as well as costs associated with a sales
agent we let go.
* The EBIT margin was 9.7% (19.8%).
* Profit before tax amounted to DKK 24 million (53.3 million).
* Profit after tax amounted to DKK 18.4 million (40.4 million).
* The return on invested capital (ROIC) before tax was 16.7% (36.2%).
* Operating cash flows for the year amounted to DKK 23.2 million (59.8
million).
* Roblon's new Managing Director and CEO Lars Østergaard took over on 5
January 2016. As of this date, the Executive Management consists of
Managing Director and CEO Lars Østergaard, CFO Carsten Michno and COO Kim
Müller.
* Management expects revenue in the region of DKK 250 million and profit
before tax of DKK 25 million in the financial year 2015/16.

The Board of Directors recommends the following proposals to the Annual
General Meeting of Roblon A/S to be held on 25 February 2016:

* A dividend of DKK 10 per DKK 20 share to be paid (DKK 12 per share).
* The re-election of director Jørgen Kjær Jacobsen, lecturer Ole Krogsgaard
and group senior vice president Peter Sloth Vagner Karlsen, in addition to
the election of group senior vice president, finance Randi Toftlund
Pedersen.
* The extension until 30 June 2017 of the mandate for the company to purchase
own shares up to 10% of the share capital, and at a price that may deviate
no more than 10% from the most recent price calculated for all trades prior
to the purchase.
* The re-election of Deloitte Statsautoriseret Revisionspartnerselskab as the
company's auditors.
* The annual report for 2014/15 be adopted at the company's AGM, to be held
on Thursday 25 February 2016 at 4.30 pm, at Hotel Scandic The Reef,
Tordenskjoldsgade 14, DK-9900 Frederikshavn, Denmark.

Attached please find Annual Report for 2014/15.

Frederikshavn, 14 January 2016
Roblon A/S

Jørgen Kjær Jacobsen Carsten Michno
Chairman of the Board Chief Financial Officer

Preliminary Statement
http://hugin.info/2201/R/1976686/724600.pdf
Annual Report 2014/15
http://hugin.info/2201/R/1976686/724757.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Roblon A/S via Globenewswire

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