ROBIT PLC HALF-YEAR REPORT 1 JANUARY-30 JUNE 2026: NET SALES AND PROFITABILITY CONTINUED TO GROW
ROBIT PLC STOCK EXCHANGE RELEASE 7 AUGUST 2026 AT 9.00 A.M.
ROBIT PLC HALF-YEAR REPORT 1 JANUARY–30 JUNE 2026: NET SALES AND PROFITABILITY CONTINUED TO GROW
This release is a summary of Robit Plc’s half-year report January–June 2026 published today. The full report is attached to this stock exchange release as a PDF file. The report is also available on the company’s website at https://www.robitgroup.com/investor/reports-and-presentations/.
April–June 2026
- Orders received: EUR 22.8 million (20.7), growth of 10.3%
- Net sales: EUR 24.0 million (19.6), growth of 22.5%
- EBITDA: EUR 1.8 million (0.4); 7.3% of net sales (1.9%)
- EBIT: EUR 1.0 million (-0.6); 4.1% of net sales (-3.1%)
- Review period net income: EUR 0.5 million (-1.2); 2.2% of net sales (-6.2%)
- Net cash flow from operating activities: EUR -2.5 million (1.8)
January–June 2026
- Orders received: EUR 46.9 million (40.9), growth of 14.8%
- Net sales: EUR 45.3 million (41.1), growth of 10.0%
- EBITDA: EUR 4.0 million (2.0); 8.9% of net sales (4.8%)
- EBIT: EUR 2.4 million (0.0); 5.2% of net sales (0.1%)
- Review period net income: EUR 1.4 million (-0.7); 3.2% of net sales (-1.8%)
- Net cash flow from operating activities: EUR -4.0 million (-0.3)
- Equity ratio at end of review period: 48.4% (50.7%)
Key financials
| Q2 2026 | Q2 2025 | Change% | H1 2026 | H1 2025 | Change% | 2025 | |
| Net sales, EUR 1,000 | 23 984 | 19 585 | 22,5 % | 45 262 | 41 135 | 10,0 % | 78 762 |
| EBITDA, EUR 1,000 | 1 760 | 368 | 377,6 % | 4 046 | 1 970 | 105,4 % | 5 169 |
| EBITDA, % of net sales | 7,3 % | 1,9 % | 8,9 % | 4,8 % | 6,6 % | ||
| EBIT, EUR 1,000 | 979 | -600 | >100 % | 2 371 | 25 | >100 % | 1 395 |
| EBIT, % of net sales | 4,1 % | -3,1 % | 5,2 % | 0,1 % | 1,8 % | ||
| Result for the period, EUR 1,000 | 524 | -1 215 | >100 % | 1 427 | -744 | >100 % | -237 |
| Result for the period, % of net sales | 2,2 % | -6,2 % | 3,2 % | -1,8 % | -0,3 % | ||
| Earnings per share (EPS), EUR | 0,02 | -0,06 | >100 % | 0,06 | -0,04 | >100 % | -0,01 |
| Return on equity (ROE), % | 5,8 % | -3,8 % | -0,7 % | ||||
| Return on capital employed (ROCE), % | 7,1 % | 1,2 % | 2,7 % |
Market outlook for 2026
Robit expects that demand in the global mining industry will remain at a good level and that demand in the construction industry will develop positively in the second half of 2026. However, the expected positive development in the second half of the year includes uncertainty.
Possible tariffs and the risk of a trade war are increasing uncertainty about the development of the market.
Guidance for 2026
Robit expects 2026 net sales and comparable EBIT profitability in euros to improve from 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 tariffs will not significantly weaken the company’s relative competitiveness in key markets.
CEO Mikko Kuusilehto:
The investments in sales made in the last quarters continued to be reflected during the review period. The systematic increase in sales activity, the testing of products together with customers and the provision of support to distributors continued active throughout the entire second quarter of the year. Market demand mainly remained at the level of the first quarter. Demand in the Nordic piling market weakened, as projects initiated earlier in the year moved to the implementation phase.
Orders received increased during the review period to EUR 22.8 million (20.7), representing growth of 10.3 per cent from the comparison period. Multi-year framework agreements with mining companies are not included in order intake. In the Top Hammer business, orders received increased 18.0 per cent to EUR 14.9 million. In the Geotechnical business, orders received increased 9.0 per cent to EUR 5.7 million. In the Down the Hole business, orders received decreased 20.6 per cent to EUR 2.3 million.
Robit’s net sales increased 22.5 per cent in the review period to EUR 24.0 million (19.6). In the distributor market, net sales increased 20.3 per cent to EUR 13.2 million (11.0). Orders received in the distributor market remained at the level of the comparison period, totalling EUR 12.1 million (12.0). In the direct sales market, net sales increased 25.2 per cent to EUR 10.7 million (8.6), and orders received increased 23.5 per cent to EUR 10.7 million (8.7).
By business area, Top Hammer net sales increased 8.6 per cent to EUR 14.3 million (13.1). Net sales in the Geotechnical business increased 83.8 per cent to EUR 6.7 million (3.7). Down the Hole net sales increased 7.3 per cent to EUR 3.0 million (2.8).
In the market areas, the most significant increase in net sales was witnessed in the Americas region, where net sales increased 43.1 per cent from the comparison period. This growth was driven primarily by the Geotechnical business. The Asia region recorded an increase of 29.1 per cent, and the EMEA region recorded an increase of 18.4 per cent, while in the Australasia region net sales decreased 7.7 per cent from the comparison period.
In the second quarter of the year, comparable EBIT increased significantly to EUR 1.0 million (-0.6). EBIT was 4.1 per cent (-3.1) of net sales. The improved profitability was particularly influenced by a clear increase in net sales. Conversely, profitability was impacted by elevated tungsten prices early in the year. Robit’s net cash flow from operating activities in the second quarter of the year was EUR -2.5 million (1.8).
In the review period, the market environment mainly remained favourable. Demand remained at a healthy level, with active tendering activity and new project opportunities emerging in the market. Price pressure continued to be strong, and commercial successes were above all based on our own active customer efforts, product testing and our ability to demonstrate that our solutions can perform in customers’ use environments. Activity on the Nordic piling market quietened down, as projects launched in the early part of the year moved to the implementation phase. In contrast, customer activity in the mining industry continued at a good level, and new opportunities opened up in several markets.
In the review period, developments in the price of tungsten continued to have an impact on the market environment. After a strong increase in the early part of the year, the price of tungsten fell significantly during the review period, stabilising at a lower level. However, the price level is still clearly higher than the long-term historical level. Tungsten is a key raw material in carbide studs used in drill bits. Cost changes have been passed on to customer prices in line with market conditions and the competitive environment.
With regard to tariffs in North America, there were no material changes in the operating landscape during the review period, and we are continuing to monitor how the situation develops.
During the review period, we continued determined investments in increasing sales activity, in customer cooperation and in supporting the distributor network. The testing of products in customers’ demanding use environments continued actively in several markets, and through that we were able to demonstrate the performance capability of our products and the value that they create for customers.
Growth was also supported by developing the organization. During the reporting period, we strengthened our North American sales organization by appointing a VP Canada responsible for developing the Canadian market. Canada is one of the most significant markets for drilling consumables globally, and a stronger local presence supports our objective of increasing our market share in that region. During the reporting period, we also announced the appointment of the VP Sales & Marketing. He will start in his role at the end of August and will be responsible for developing Robit’s global sales and marketing and for ensuring the achievement of the company’s long-term growth targets.
The investments made during the review period were also reflected as concrete results. Robit signed new supply contracts in strategically important mining markets in Australia, North America and South Africa. In Finland, we reinforced our position as a long-standing cooperation partner by continuing the cooperation at Agnico Eagle Finland’s Kittilä mine and by concluding new supply contracts for the mining operations of Endomines. These contracts demonstrate that customers’ trust in our products, service capability and long-term cooperation has strengthened in all mining markets that are key to Robit.
The new contracts and the continuation of long-standing customer relationships are underpinned by determined investments in sales work, product testing and performance verification in customers’ demanding use environments. The contracts reinforce our position as a global supplier of mining-industry drilling technology and drilling consumables while also supporting growth in strategically important markets.
We consider that these measures lay a foundation for future growth. A significant share of the impacts of the new contracts is expected to be seen in the second half of the year. As outlined in our strategy, growth is based on active customer work and a strong market presence together with our distributors. The measures taken during the first half of the year have reinforced our market position and lain a foundation for growth to continue in the latter half of the year.
Webcast
A press conference for analysts, investors and media will be held on the same day at 2.00 p.m. EEST. In the webcast, Robit Plc’s Group CEO, Mikko Kuusilehto and Group CFO, Ari Suokas will present the results and discuss current company topics. The event, including the Q&A session, will be held in English.
Participants will be able to access the event as registered users on the webcast platform https://events.inderes.com/robit/2026-h1-results.
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 interim report Q3 2026 will be published on 21 October 2026 at around 9.00 a.m. EEST.
Further information:
Mikko Kuusilehto, Group CEO, +358 40 658 7822, mikko.kuusilehto@robitgroup.com
Ari Suokas, Group CFO, +358 40 576 1414, ari.suokas@robitgroup.com
Lempäälä, 7 August 2026
Robit Plc
Board of Directors
Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com
Robit manufactures and sells rock and ground drilling consumables globally 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 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 – Half-Year Report 1 January – 30 June 2026