RECEIVED ORDERS INCREASED AND PROFITABILITY IMPROVED SIGNIFICANTLY
ROBIT PLC PRESS RELEASE 20 APRIL 2026 AT 2.15 P.M.
RECEIVED ORDERS INCREASED AND PROFITABILITY IMPROVED SIGNIFICANTLY
Sales efforts implemented in recent months had a positive impact during the review period, although market demand remained at the level of the end of 2025.
Received orders increased positively during the review period to EUR 24.1 million (20.2), representing growth of 19.4 per cent from the comparison period. Robit’s net sales remained nearly unchanged at EUR 21.3 million (21.5).
By business, the Geotechnical business reported the strongest growth, with net sales increasing by 52.8% to EUR 5.4 million (3.6). Net sales in the Down the Hole business increased by 4.2% to EUR 3.0 million (2.8), while net sales in the Top Hammer business decreased by 15.0% to EUR 12.9 million (15.2).
Net sales development varied by market area. In the Americas, net sales increased by 30.9%. In other market areas, net sales declined: in Australasia by 25.7%, in Asia by 19.9% and in EMEA by 3.3%. Net sales in the Australasia and EMEA decreased mainly due to the Top Hammer business.
In the first quarter of the year, comparable EBIT was EUR 1.4 million (0.6). Comparable EBIT was 6.5 per cent (2.9) of net sales. The profitability improved 122.5 per cent in the review period. Profitability was supported by sales margins that remained at a good level, operating model changes implemented during 2025 that reduced fixed costs, and favorably developed exchange rates. Robit’s net cash flow from operating activities in the first quarter was EUR -1.5 million (-2.2).
“During the first quarter of the year, we focused on increasing sales activity, supporting distributors at the customer interface and developing the business culture to improve efficiency. The investments made in sales produced effects already in the review period, as the development of net sales improved compared to previous quarters, although net sales remained approximately at the same level compared to the comparison period. Received orders and the order book increased in the review period”, states Group CEO, Mikko Kuusilehto.
The Group’s guidance remains unchanged: Robit expects 2026 net sales and comparable EBIT profitability in euros to improve from 2025.
ROBIT OYJ
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 manufactures and sells rock and earth drilling consumables internationally to the mining and construction markets. The company’s operations are based on high quality, reliability of supply and client confidence in drilling consumables. Through innovative Top Hammer, Down the Hole (DTH) and Geotechnical products, and client-based services, Robit delivers savings in drilling costs to its clients. Robit has its own sales and service points in seven countries, and an active distributor network through which it sells to more than 100 countries. The company’s manufacturing units are located in Finland, South Korea and the UK. Robit’s share is listed on Nasdaq Helsinki Ltd. Further information at www.robitgroup.com.