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.
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 as an investment
Robit is a global expert focused on high-quality drilling tools for mining and construction markets to help you drill further and faster. Robit strives to be a leading company in drilling tools globally. Through high and proven quality Top Hammer, Down the Hole and Geotechnical products, and Robit’s expert services, the company delivers saving 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. Robit’s manufacturing units are located in Finland, South Korea, and the UK.
BUSINESS AREAS
Top Hammer Business
Top Hammer drilling method is primarily used in mining, earthworks, underground quarrying and the quarrying of rock material. Top Hammer business comprises comprehensively rock drilling tools and services.
Down the Hole Business
Down the Hole drilling is used in earthworks, well drilling, i.e. the drilling of holes for geothermal and water wells, as well as in mining production drilling. Down the Hole business comprises comprehensively Down the Hole drilling tools and services used in the segments listed above.
Geotechnical Business
Geotechnical products utilise Down the Hole drilling for the casing needs of foundation construction. The most common applications are drilling steel piles for the construction industry and infrastructure construction, as well as the installation of anchors.
Examples of use on reference site.