Brief: Roblon To Sell Part Of Engineering Segment To Erhvervsinvest

Roblon A/S

23/02/2018 08:03

Feb 23 (Reuters) - ROBLON A/S  RBLNb.CO : 
    * REG-ROBLON A/S: ROBLON ENHANCES FOCUS ON THE INDUSTRIAL 
FIBER 
BUSINESS SEGMENT 
    * CONCLUDED AGREEMENT TO SELL LARGEST PART OF ENGINEERING 
SEGMENT 
TO ERHVERVSINVEST AND MANAGEMENT OF ROBLON ENGINEERING 
    * ACCORDING TO AGREEMENT, CLOSING OF TRANSACTION WILL TAKE 
PLACE 
ON 14 MARCH 2018 
    * MANAGEMENT FORECASTS 2017/18 REVENUE FOR CONTINUING 
OPERATIONS 
OF AROUND DKKM 235 
    * SELLING PRICE PAYABLE TO ROBLON ON A DEBT-FREE BASIS IS 
DKKM 
64 
    * EXPECTS NET PROCEEDS FROM SALE AFTER TRANSACTION COSTS IN 
DKKM 
10 RANGE 
    * MANAGEMENT FORECASTS 2017/18 PROFIT BEFORE TAX FROM 
CONTINUING 
OPERATIONS OF AROUND DKKM 25 
 
Source text for Eikon:  ID:nGNE2LrZZ2  
Further company coverage:  RBLNb.CO  
 
 (Gdynia Newsroom) 
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