Robit

OverviewSuggest Edit

Robit is a company that manufactures and sells drilling consumables for applications in mining, construction and contracting, tunneling, and well drilling industries. It operates through Top Hammer and Down the Hole (DTH) business units. The company offers top hammer drill strings for underground drifting, bolting, and long-hole drilling. It also provides top hammer drill strings for face drilling and forepoling, as well as for bolting and roof support.

TypePublic
Founded1985
HQLempäälä, FIMap
Websiterobitgroup.com
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Employees (est.) (Dec 2019)252(-11%)
Revenue (FY, 2019)€86.5 M(+5%)
Share Price (Jan 2021)€4.9 (-1%)
Cybersecurity ratingAMore

Key People/Management at Robit

Harri Sjöholm

Harri Sjöholm

Chairman of the Board
Mammu Kaario

Mammu Kaario

Vice Chairman of the Board
Tommi Lehtonen

Tommi Lehtonen

CEO
Ilkka Miettinen

Ilkka Miettinen

CFO
Arto Halonen

Arto Halonen

COO
Jaana Rinne

Jaana Rinne

Head of HR
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Robit Office Locations

Robit has offices in Lempäälä, Helsinki, Sherman, Canning Vale and in 8 other locations
Lempäälä, FI (HQ)
9 Vikkiniityntie
Helsinki, FI
Valokaari 8
Canning Vale, AU
24-26 Gauge Cct
Richlands, AU
24 Enterprise St
South Boulder, AU
85 Chaffers St
Ust'-Kamenogorsk, KZ
Serikbayeva 1 office 413
Show all (13)

Robit Financials and Metrics

Robit Revenue

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Robit's revenue was reported to be €86.48 m in FY, 2019 which is a 4.6% increase from the previous period.
EUR

Revenue (FY, 2019)

86.5m

Revenue growth (FY, 2018 - FY, 2019), %

4.6%

Gross profit (FY, 2019)

33.1m

Gross profit margin (FY, 2019), %

38.3%

Net income (FY, 2019)

(7.3m)

EBIT (FY, 2019)

(5.8m)

Market capitalization (26-Jan-2021)

104.2m

Closing stock price (26-Jan-2021)

4.9

Cash (31-Dec-2019)

15.2m

EV

127.2m
Robit's current market capitalization is €104.2 m.
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

64.1m88.2m82.7m86.5m

Revenue growth, %

38%(6%)5%

Cost of goods sold

32.3m49.1m49.1m53.4m

Gross profit

31.8m39.1m33.6m33.1m
Half Year
EURH1, 2017H1, 2018

Revenue

42.6m43.1m

Cost of goods sold

27.3m27.3m

Gross profit

15.3m15.8m

Gross profit Margin, %

36%37%
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019

Revenue

20.1m22.0m22.2m

Cost of goods sold

11.6m13.6m13.6m

Gross profit

8.5m8.4m8.7m

Gross profit Margin, %

42%38%39%
show all
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Cash

10.5m42.2m27.5m15.2m

Accounts Receivable

18.3m22.1m15.8m17.6m

Current Assets

62.0m98.4m77.3m68.4m

PP&E

16.6m26.3m25.8m26.8m
Half Year
EURH1, 2017H1, 2018

Cash

54.7m33.6m

Current Assets

111.8m91.9m

PP&E

20.9m27.8m

Goodwill

25.6m24.5m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019

Cash

18.0m14.0m15.7m

Current Assets

69.7m68.0m67.9m

PP&E

32.9m28.3m26.8m

Goodwill

5.4m5.1m5.2m
show all
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Depreciation and Amortization

3.2m5.3m25.0m5.5m

Inventories

(37.0k)(1.8m)(2.4m)(695.0k)

Accounts Payable

2.0m2.2m(2.6m)2.3m

Cash From Operating Activities

264.0k(2.0m)(2.2m)439.0k
Half Year
EURH1, 2017H1, 2018

Depreciation and Amortization

2.7m2.7m

Inventories

(3.7m)(3.7m)

Accounts Payable

5.5m5.5m

Cash From Operating Activities

1.1m1.1m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019

Depreciation and Amortization

1.4m(3.7m)5.0m

Inventories

(949.0k)(1.3m)(679.0k)

Accounts Payable

(696.0k)897.0k58.0k

Cash From Operating Activities

(596.0k)(2.2m)(297.0k)
show all
EURFY, 2016

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x
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Robit Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Countries (Offices)

10 10

Countries Covered

115 115 115 115

Factories Operated

6 4

Sales Offices

18 21 15 13
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Robit Acquisitions / Subsidiaries

Company NameDateDeal Size
Halco Brighouse Ltd
Halco Drilling Ltd UK
Robit Africa Holdings Ltd
Robit Asia Ltd
Robit Australia Pty Ltd
Robit Finland Oy Ltd
Robit GB Ltd
Robit Inc
Robit Korea LTD
Robit OOO
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Robit Revenue Breakdown

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Robit revenue breakdown by business segment: 53.4% from Down the Hole and 46.6% from Top Hammer

Robit revenue breakdown by geographic segment: 17.9% from North and South America, 10.3% from Russia and CIS countries, 17.8% from Australasia, 12.1% from Asia and 41.8% from Europe, Middle East and Africa

Robit Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

Learn more about our premium products
SecurityScorecard logo

Robit Online and Social Media Presence

Robit's Trends

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Robit News and Updates

March 27, 2020

Robit Plc: ROBIT CHANGES ITS PREVIOUS PROPOSAL FOR DISTRIBUTION OF FUNDS

ROBIT PLC       STOCK EXCHANGE RELEASE      27 MARCH 2020 AT 11.40
March 25, 2020

Robit Plc: ROBIT PLC’S BOARD OF DIRECTORS HAS DECIDED ON SHARE-BASED INCENTIVE SCHEME FOR KEY PERSONNEL OF THE COMPANY

ROBIT PLC                 STOCK EXCHANGE RELEASE             25.3.2020 AT 12.55
March 24, 2020

Robit Plc: ROBIT PLC RENOUNCES ITS GUIDANCE FOR THE TIME BEING

ROBIT PLC        STOCK EXCHANGE RELEASE         24.3.2020 AT 11.15
March 17, 2020

Robit Plc: Robit Plc cancels its Annual General Meeting from Monday 23 March 2020

ROBIT PLC         STOCK EXCHANGE RELEASE     17.3.2020 AT 16.15
March 02, 2020

Robit Plc: ROBIT PLC'S ANNUAL REPORT 2019 HAS BEEN PUBLISHED

ROBIT PLC        STOCK EXCHANGE RELEASE     2 MARCH, 2020 AT 16.35
February 20, 2020

Robit Plc: Robit Plc updated its financial targets and guidance for year 2020

ROBIT PLC        STOCK EXCHANGE RELEASE         20.2.2020 AT 12.00
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Robit Blogs

June 12, 2019

Meet us at RETC 2019 – one-of-a-kind tunneling event in Chicago, USA

Meet us at the RETC 2019, Rapid Excavation and Tunneling Conference, June 16-19 in Chicago, USA. You will find us at our stand #509. We’ll introduce you the patented Robit® RoX Casing Systems series for forepoling. It allows easy driving of the casing tubes into the ground with low torque demand. In…
May 24, 2019

Robit Plc is looking for an Assistant Controller

Robit Plc is now hiring  an Assistant Controller to work in our headquarter in Sääksjärvi, Lempäälä with good transportation connections to Tampere. In this position you will be working with diverse controller tasks. You will be assisting in daily reporting and data management using Oracle NetSuite …
April 16, 2019

Thank You for visiting us!

Thank You for visting us at the huge Bauma fair. It was our pleasure to meet our old and upcoming customers from all around the world. Next time we are exhibiting in one week at Mining World Russia on 23-25 April 2019, Moscow. Warmly welcome to visit our booth in the hall 1.3. at stand […] The post …
April 16, 2019

Welcome to Exponor Chile 2019 – The Global Technology And Innovation Show For The Mining Industry

Join us at Exponor, comprehensive showcase of the products, services, innovations, advances and improvements offered by mining and industrial suppliers to the global market. Exponor brings together the latest breakthroughs in the mining sector, and offers the chance to gain inside knowledge on futur…
April 01, 2019

IT Coordinator to ensure smooth and safe usage of IT tools

We are now hiring an IT Coordinator to work in our headquarter in Sääksjärvi, Lempäälä with great transport connections to Tampere.   As an IT Coordinator your main responsibilities are: Support on managing information technology and computer systems to achieve high level of user satisfaction Suppor…
March 07, 2019

Robit DTH Prime – solid success after teething troubles

The product development of drilled piles is constantly advancing. Stronger steel grades set ever higher demands on wear parts such as ring bits. What’s more, piling often has to be performed in densely built environments, which poses risks as pressurized air escapes from drilling holes, eroding the …
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 Robit Frequently Asked Questions

  • When was Robit founded?

    Robit was founded in 1985.

  • Who are Robit key executives?

    Robit's key executives are Harri Sjöholm, Mammu Kaario and Tommi Lehtonen.

  • How many employees does Robit have?

    Robit has 252 employees.

  • What is Robit revenue?

    Latest Robit annual revenue is €86.5 m.

  • What is Robit revenue per employee?

    Latest Robit revenue per employee is €343.2 k.

  • Who are Robit competitors?

    Competitors of Robit include REL, Superior Drilling Products and Diedrich Drill.

  • Where is Robit headquarters?

    Robit headquarters is located at 9 Vikkiniityntie, Lempäälä.

  • Where are Robit offices?

    Robit has offices in Lempäälä, Helsinki, Sherman, Canning Vale and in 8 other locations.

  • How many offices does Robit have?

    Robit has 13 offices.