Robit Plc Financial review 2019
Cash flow and orders received developed positively: As a result of the efficiency program, the company’s key priority areas – sales and cash flow – developed positively. Order intake grew by 17.7% relative to the comparison period and was EUR 22.5 million. Read more below:Financial Report Q3 2019 Positive Development Continued Also During the Third Quarter Robit to commence repurchase of company's own shares
Robit is a global growth company that sells and manufactures drilling consumables to global customers and partners for
applications in the mining, construction, tunnelling and well drilling industries. The company’s business is divided into two
Business Units: Top Hammer and Down the Hole supported by Digital Services. The company has 15 sales and service offices
globally as well as an active sales network in 115 countries. Robit’s manufacturing units are located in Finland, South Korea,
Australia, the UK and North America. Robit Plc’s shares are listed on NASDAQ Helsinki Oy.
Top Hammer Business
Top Hammer business comprises rock drilling consumables and digital products and services.
Top Hammer drills are primarily used in mining, construction and quarrying of rock material.
Down the Hole Business
Down the Hole business comprises DTH consumables to ground drilling. The DTH drilling method is primarily utilized in surface and underground blasting, ground drilling, piling and well drilling. It is also used in surface and underground mining for production drilling.