ROBIT PLC FINANCIAL STATEMENTS RELEASE 1 JANUARY–31 DECEMBER 2025: A YEAR OF CHANGES

ROBIT PLC          STOCK EXCHANGE RELEASE          18 FEBRUARY 2026 AT 9.00 AM EET 

ROBIT PLC FINANCIAL STATEMENTS RELEASE 1 JANUARY–31 DECEMBER 2025: A YEAR OF CHANGES

This release is a summary of Robit Plc’s Financial Statements Release for 1 January–31 December 2025. The complete report is attached to this stock exchange release as a PDF and is also available on the company’s website at https://www.robitgroup.com/investor/reports-and-presentations/. 

October-December 2025 

• Received orders EUR 19.1 million (19.6), decrease of 2.6%
• Net sales EUR 18.4 million (21.4); decrease of 13.8%
• EBITDA EUR 1.3 million (1.7); 7.1% of net sales (8.0%)
• Comparable EBITDA EUR 1.4 million (1.7); equivalent to 7.6% of net sales (8.0%)
• EBIT EUR 0.4 million (0.8); equivalent to 2.3% of net sales (3.5%)
• Comparable EBIT EUR 0.5 million (0.8); equivalent to 2.8% of net sales (3.5%)
• Review period net income EUR 0.0 million (0.6); 0.1% of net sales (2.6%)
• Net cash flow from operating activities EUR 2.5 million (-1.6)

 January-December 2025

• Received orders EUR 79.6 million (88.8), decrease of 10.4%
• Net sales EUR 78.8 million (90.3); decrease of 12.8%
• EBITDA EUR 5.2 million (6.4); equivalent to 6.6% of net sales (7.1%)
• Comparable EBITDA EUR 5.5 million (6.4); equivalent to 6.9% of net sales (7.1%)
• EBIT EUR 1.4 million (2.5); equivalent to 1.8% of net sales (2.8%)
• Comparable EBIT EUR 1.7 million (2.5); equivalent to 2.1% of net sales (2.8%)
• Financial year net income EUR -0.2 million (1.1); equivalent to -0.3% of net sales (1.3%)
• Net cash flow from operating activities EUR 5.9 million (1.5)
• Equity ratio at the end of the financial year 52.0% (50.7%)

The company’s comparable items were affected by costs related to the reorganization.

Key financials

Market outlook for 2026 

Robit estimates the global mining industry demand to remain at a good level. Demand in the construction industry is expected to stay at a low level during the first half of the year, but the demand is estimated to develop positively in the second half of the year.

Possible import tariffs and the risk of a trade war increase uncertainty regarding market development.

Guidance for 2026

Robit estimates that net sales in 2026 will increase and comparable EBIT profitability in euros will improve compared to 2025.

Background to the guidance

The guidance is based on an assessment that demand in the mining industry will remain at a good level and that demand in the construction industry will develop positively in the second half of 2026. The guidance is based on the assumption that there will be no significant changes in exchange rates from the level effective at the end of 2025, and that possible import tariffs will not significantly weaken the company’s relative competitiveness in key markets. 

Group CEO Mikko Kuusilehto:

The final quarter of the year was weaker than the comparison period in terms of net sales, although market activity in the mining segment remained strong. The company’s position in its key markets did not yet allow it to fully capitalize on market growth, which underscores the need to strengthen its market position and customer base. In other customer segments, demand remained moderate and the competitive environment was intense.

In October–December, received orders were EUR 19.1 million (19.6), representing a decrease of 2.6 per cent from the comparison period. Net sales for the review period were EUR 18.4 million (21.4), representing a decrease of 13.8 per cent. Operating profit decreased from the comparison period to EUR 0.4 million (0.8), representing 2.3 per cent of net sales (3.5). Comparable EBIT amounted to EUR 0.5 million (0.8), corresponding to 2.8 per cent of net sales (3.5).

Net sales increased in North America and South Africa but decreased in the other market areas from the comparison period. By business unit, net sales in the Top Hammer business amounted to EUR 11.5 million (14.3), in the Down the Hole business to EUR 2.9 million (2.4), and in the Geotechnical business to EUR 4.0 million (4.6).

The mining markets benefited from the world market prices of metals, which increased during 2025, as a result of which activity was at a high level globally throughout the year. For the other key customer segments, the market situation remained moderate.

In 2025, received orders totalled EUR 79.6 million (88.8), representing a decrease of 10.4 per cent from the previous year. Robit’s net sales decreased 12.8 per cent to EUR 78.8 million (90.3). Net sales decreases in all three business areas, and the most significant drop in net sales was experienced in the Australian market.

2025 net sales decreased in the Top Hammer business by 9.8 per cent. Net sales decreased in all market areas. In Australia and Peru, the company did not renew certain customer contracts, and in the EMEA region sales decreased particularly in West Africa. By contrast, development on the Nordic markets was favourable. This development was supported by successful launches of new product solutions. The Robit RG-series RG51 and RG45 drill rods, launched in 2025, continued to increase their popularity particularly on the Nordic markets. In addition, the Robit® Extreme Carbide drill bits reinforced the company’s competitiveness in mining, where productivity and extending the service life of consumables are key factors from the perspective of sustainable development.

Net sales for the Down the Hole business decreased 24.3 per cent in 2025. The decrease in net sales was due to global low-price competition and a challenging competition situation on the key markets. Sales in the drilling of water and geothermal wells continued to develop more favourably than in the mining and quarrying sectors. The company continued to compensate for decreased sales by focusing on winning new customer accounts with mining drilling contractors in southern Africa, and on developing key distributor connections particularly in North America to recover growth. At the start of 2025, Robit supplemented the offering of the modular H-series Down the Hole hammer family, furthering the transition from D-series hammers and Halco general-use hammers to a single uniform product family. The streamlined structure reduces the number of components and significantly improves the efficiency of the company and of its distributor network.

In the Geotechnical business, net sales decreased 12.6 per cent in 2025. The decrease in net sales was due primarily to the fact that in 2025 the company won fewer major projects than the year before. The successful launch of the new H18 Down the Hole hammer was a major milestone for 2025. The product was well received by the market due to its strong performance characteristics, reliability and modular structure, delivering measurable added value to distributors and end-users alike. Furthermore, the company implemented its first large project under a partial rental agreement, which provided valuable practical experience to develop rental-based business models in the future. During the year, the company delivered to North America several large-sized systems, reinforcing its position in the sales area. In the first half of the year, the biggest integrated system in Robit’s history drilled successfully in demanding soil conditions in western Canada. These achievements boost the company’s reference portfolio and support Robit’s long-term efforts to expand its position in strategically important sales areas in the Nordic countries and North America.

Robit’s comparable EBIT in 2025 was EUR 1.7 million (2.5). The weakened profitability was influenced by exchange rate losses and a decrease in net sales. Although we succeeded to improve the sales margin level, decreased net sales weakened overall profitability despite adjustment measures implemented. Robit’s net cash flow from operating activities in 2025 was EUR 5.9 million (1.5). The improved cash flow was supported in particular by a freeing up of working capital. Net cash flow from operating activities for the last quarter of the year was EUR 2.5 million (-1.6). In the last quarter of the year, comparable EBIT was 2.8 per cent of net sales (3.5).

The company’s development in 2025 did not meet expectations. In 2026, the company’s key priority is to get net sales back on a growth track. The market situation is expected to mainly remain unchanged.

Webcast 

A webcast for analysts, investors, and the media will be held in English on the publication date at 2:00 pm Finnish time. The report will be presented by Robit Plc’s Group CEO, Mikko Kuusilehto and Group CFO, Ari Suokas.

Participants will be able to access the event on the webcast platform https://www.robitgroup.com/fy2025 and ask questions during the webcast through the platform’s chat function.

Presentation material and webcast recording will be available on the company’s website at https://www.robitgroup.com/investor/reports-and-presentations/ after the webcast. 

Financial reporting 

Robit Plc’s annual report 2025 will be published in Finnish and English on the company’s website no later than 11 March 2026.

The interim report for January–March 2026 will be published on 20 April 2026. 

Annual General Meeting 

Robit Plc’s Annual General Meeting is scheduled for 1 April 2026, in Tampere, Finland.

Further information:

Mikko Kuusilehto, Group CEO, Robit Plc, +358 40 658 7822, mikko.kuusilehto@robitgroup.com  
Ari Suokas, Group CFO, Robit Plc, +358 40 576 1414, ari.suokas@robitgroup.com

Lempäälä, 18 February 2026

Robit Plc
Board of Directors

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 customer confidence in drilling consumables. Through innovative Top Hammer, Down the Hole (DTH) and Geotechnical products, and customer-based services, Robit delivers savings in drilling costs to its customers. 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. 

Attachments:
Robit Plc – Financial Statements Release 1 January–31 December 2025