Robit Oyj - Interim report (Q1 and Q3)

ROBIT PLC: NET SALES OF THE THIRD QUARTER 2017 AND CHANGE OF GUIDANCE

ROBIT PLC STOCK EXCHANGE RELEASE 19 OCTOBER 2017 AT 12.00 P.M.

ROBIT PLC: NET SALES OF THE THIRD QUARTER 2017 AND CHANGE OF GUIDANCE

Robit  Plc  publishes  annually  a  half-year  financial  report and a financial
statements  release. In accordance  with the company's  IR principles, Robit Plc
releases quarterly also its cumulative net sales.

Robit  Plc's unaudited net sales in the review period 1-9/2017 totaled EUR 65,7
million  (EUR 42,0 million comparative  period 1-9/2016), which means 54 percent
growth  from the comparative period. Factors  affecting growth were both organic
as well as structural with acquisitions made during H2/2016 and in the beginning
of 2017.

Calculated  on a basis of the financial  statements for the financial year 2016
prepared in accordance with IFRS, the company's EBITA as percentage of net sales
(without  items affecting comparability) was 11,7 percent. The management of the
company  estimated in August 2017 that the  company's EBITA as percentage of net
sales  (without items  affecting comparability)  is lower  when compared  to the
financial year 2016.

According   to  the  management's  current  estimation,  Robit  Plc's  EBITA  as
percentage  of  net  sales  (without  items  affecting  comparability)  will  be
significantly  lower than  the level  of the  year 2016 provided that the market
demand  stays  at  the  current  level  and  there  are  no unpredictable market
disruptions.

Robit  Plc's net  sales for  the financial  year 2017 will  be in  line with the
company's   expectations.   Development  of  the  acquired  companies'  business
including  net sales has been  weaker than expected and  has fallen short of the
set targets especially in Asia. The result of the financial year 2017 is pressed
by   the   integration   of   new  units,  one-time  costs  relating  to  global
implementation of the ERP system and intense personnel investments to ensure the
company's planned growth. Robit Plc trusts the market demand to remain on a good
level.

Robit  Plc is a  growth company and  the company's financial  target is to reach
annual  organic growth of at least 15 percent. The company's long-term strategic
target is an EBITA margin of over 13 percent.

ROBIT PLC

Mika Virtanen, Group CEO

Further information from the Group CEO from 19 October 2017 at 3.00 p.m. Finnish
time:

Robit Plc

Mika Virtanen, Group CEO
+358 40 832 7583
mika.virtanen@robitgroup.com

Robit  is  a  strongly  internationalized  growth  company selling and servicing
global   customers   in   drilling   consumables  for  applications  in  mining,
construction  and  contracting,  tunneling  and  well  drilling.  The  company's
offering  is divided into three product and  service range: Top Hammer and Down-
the-Hole  products  as  well  as  Digital  Services.  Robit has 21 own sales and
service   points  as  well  as  active  sales  networks  in  115 countries.  The
manufacturing units are located in Finland, South Korea, Australia, UK and USA.

Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com


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