Robit PLC (LTS:0RPG)

€ 1.265 -0.1 (-7.33%) Market Cap: 26.99 Mil Enterprise Value: 44.50 Mil PE Ratio: 142.78 PB Ratio: 0.59 GF Score: 69/100

Q2 2021 Robit Oyj Earnings Call Transcript

Aug 10, 2021 / 11:00AM GMT

Release Date Price: €5.28 (-7.10%)

Transcript

Tommi Lehtonen

Robit Oyj - Group CEO

Welcome to Robit's half-year report analyst and press conference. My name is Tommi Lehtonen, I'm Robit's CEO. And we have also here Arto Halonen, Robit's CFO.

First, let's run through highlights for H1. Top-line records both for net sales and orders received. So Q2, 12.7% net sales growth. And orders, we are really happy with 23.1% growth, and orders EUR26.5 million.

EBITDA development continued to the right direction. Naturally, this is still our focus area and continue to do a lot of actions to drive our EBITDA towards our strategy and thoughts.

Top Hammer business, excellent growth, 22%. It was really the driver of our business during first half of this year. And of course, really happy for the execution also. Factories were delivering record amounts of products throughout the first half. Down the Hole sales growth, 3.1% and behind our target.

Inventory growth to support increasing customer -- supporting increasing customer demand. We decided to prioritize the customer service levels beginning of this year, looking at the

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