RopoHold Oyj Business Review 1.7. – 30.9.2018

RopoHold Oyj
Business Review 29.10.2018

Revenue in July - September grew 22% and EBITDA 66% compared to previous year.

July - September 2018 in brief

Revenue in July - September grew 22% and EBITDA 66% compared to previous year. Third-quarter net sales and EBITDA growth were mainly due to the completion of the lifecycle service deployment projects for several operating customers during the second quarter of the year. The number of personnel has continued to grow along with the invoice volume growth in lifecycle services especially in customer service department. The EUR 50 million bond issue in December 2017 and the change in financing structure have increased the Group's financial expenses by 128% compared to the previous year. The Bond was listed to Nasdaq Helsinki in August 2018.

-          Net sales amounted to EUR 12,1 million (9,9): growth of 22 %.

-          EBITDA totalled EUR 3,6 million (2,2): growth of 66 %. 

-          Operating profit was EUR 2,5 million (1,1): growth of 129 %. 

-          Net profit came to EUR 1,2 million (0,5): growth of 162 %. 

-          The equity ratio was 4 per cent (33 %). 

Financial statements, interim reports and business reviews are available on the company's investor website at www.ropocapital.fi/en/company/investors/financial-publications/.

Notable: This is not an interim report as specified in the IAS 34 standard. The company complies with semi annual reporting frequency according to the Finnish Securities Markets Act and additionally discloses quarterly business reviews in accordance with the terms relating its bond issue in December 2017. The figures in the review are unaudited.

For further information, please contact:
CFO Toni Rönkkö, 044 569 8168, toni.ronkko@ropocapital.fi
CEOArtti Aurasmaa, artti.aurasmaa@ropocapital.fi