Robit Plc weakened its earnings guidance for 2023. The company has not managed to compensate lost sales from Russia. In addition, the weakening of the market in construction industry, especially in Europe and Asia, has affected the company’s financial performance at the beginning of the financial year.

As a result of these factors, Robit Plc will change its guidance for the financial year 2023. New guidance for 2023: In 2023, Robit Plc expects net sales to be EUR 90 million– EUR 100 million. Previous guidance for 2023: The company expects net sales in 2023 to increase and comparable EBITDA profitability in euros to remain unchanged or improve slightly from 2022, assuming that there are no significant changes in the exchange rates from the level at the end of 2022.