Roblon (RBLN) Q4 24/25 earnings summary

Executive summary

• Revenue from continuing operations reached 236.9 mDKK in 2024/25, slightly down from 245.4 mDKK the previous year.

• EBITDA before special items was 45.3 mDKK, and EBIT before special items was 31.6 mDKK, with an EBIT margin of 13.3%.

• Net result for the year was -28.5 mDKK, impacted by discontinued activities and special items.

• Sale of the US subsidiary and related financial impacts, including a -49.6 mDKK result from discontinued activities.

Financial highlights

• Revenue: 236.9 mDKK (down from 245.4 mDKK year-over-year).

• EBITDA before special items: 45.3 mDKK (44.9 mDKK prior year).

• EBIT before special items: 31.6 mDKK (29.3 mDKK prior year), EBIT margin 13.3% (11.9%).

• Result before tax: 27.5 mDKK (27.2 mDKK prior year).

• Net result: -28.5 mDKK (vs. -9.6 mDKK prior year), mainly due to discontinued activities.

• Working capital reduced to 59.4 mDKK from 76.5 mDKK.

• Liquidity at year-end: 119.2 mDKK (101.9 mDKK prior year).

• Equity ratio at 75.3% (71.4% prior year).

Outlook and guidance

• 2025/26 expected to see lower revenue due to product mix changes and reduced deliveries for subsea energy cables.

• Ongoing customer dialogues and project developments may lead to higher activity in 2026/27.

• Continued price competition and challenging market conditions in FOC product group anticipated.