Beskrivning
| Land | Finland |
|---|---|
| Lista | Small Cap Helsinki |
| Sektor | Industri |
| Industri | Maskinindustri |
ROBIT PLC PRESS RELEASE 28 OCTOBER 2025 AT 9.15 UTC+2
EBIT FOR THE REVIEW PERIOD IMPROVED DESPITE DECLINING NET SALES
Market demand in both the mining and construction industries remained lower than in the previous year, but nevertheless business profitability improved year-on-year.
Orders received in the review period totalled EUR 19.7 million (20.8). Robit’s net sales decreased by 10.7% in the review period and totalled EUR 19.2 million (21.5). In constant currencies, there was a decrease of 7.4%.
The net sales of the Top Hammer business was EUR 11.7 million (13.4). The decline in net sales was most significant in the Australasia and EMEA regions. The company won a major mining contract in the Americas region, the deliveries of which will start during the last quarter of the year. The net sales of the Down the Hole business was EUR 2.7 million (3.0). Net sales developed positively in the EMEA, Americas and Asia regions. However, the development in these sales regions did not fully offset the decline in net sales in the Australasia region. The net sales of the Geotechnical business was EUR 4.9 million (5.1). Net sales developed positively in the EMEA region and, correspondingly, decreased in the Americas region. The company received a significant Geotechnical project order, with deliveries to take place during 2026.
Comparable EBIT profitability increased in the third quarter to EUR 1.1 million (0.0). Comparable EBIT was 5.8% of net sales (0.0). The adjustment measures and optimization of the cost structure implemented during the review period resulted in improvement in profitability.
“I started as Robit’s CEO at the beginning of August, and since then I have been getting to know the organization and meeting several customers. The discussions have been encouraging. Robit has high-quality and competitive products as well as many skilled people. At the same time, it is clear that we need to improve our commercial focus and execution pace. Our clear priorities are to grow sales and optimize inventory turnover, while ensuring sufficient product availability at the customer interface. I am confident that together we will find the right strategy to return to a path of profitable growth”, states Group CEO, Mikko Kuusilehto.
Robit lowered its EBIT profitability guidance for 2025 on 27 October 2025. The company estimates that its net sales for 2025 will decline compared to 2024. In euro terms, the company expects its comparable EBIT profitability to decrease compared to 2024.
ROBIT PLC
Mikko Kuusilehto
Further information:
Mikko Kuusilehto, Group CEO
+358 40 658 7822
mikko.kuusilehto@robitgroup.com
Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com
Robit is a strongly international growth company servicing global customers and selling drilling consumables for applications in mining, construction, geotechnical engineering and well drilling. The company’s offering is divided into three product and service ranges: Top Hammer, Down the Hole and Geotechnical. Robit has sales and service points in seven countries as well as an active sales network in more than 100 countries. Robit’s manufacturing units are located in Finland, South Korea and the UK. Robit’s share is listed on Nasdaq Helsinki Ltd. Further information is available at www.robitgroup.com.