Brief: Roblon sets five yr strategy plan, cuts FY total revenue outlook

Roblon A/S

28/09/2016 08:00

Sept 28 (Reuters) - Roblon A/S  RBLNb.CO : 
    * Says wants to grow its core business, has prepared strategy plan for next five years 
    * Roblon Lighting to be operated as portfolio company in future, with view to selling it off 
    * Within strategy period 2016/17-2020/21 targets annual growth in revenue (organic) of min. 
7 pct, EBIT margin of min. 10 pct 
    * Within strategy period 2016/17-2020/21 targets annual growth in earnings per share of min. 
7% 
    * Within strategy period 2016/17-2020/21 targets return of invested capital (roic) of min. 
15 pct before tax 
    * Since Roblon Lighting will be operated as portfolio co, now sees total revenue for 2015/16 
to be reduced to 230 million Danish crowns ($34.55 million) from region of 250 million crowns  
    * Keeps guidance on 2015/16 profit before tax  of about 25 million crowns unchanged  
 
Source text for Eikon:  ID:nGNE6tMZYb  
Further company coverage:  RBLNb.CO  
 
($1 = 6.6562 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))