Arbona (ARBO) Q3 2025 earnings summary

Executive summary

• Q3 2025 marked by continued weak demand and pressured profitability across group companies, with focus on efficiency improvements and cost adjustments while investing in IT, organization, and new products.

• Capital management delivered a positive return of approximately 10 MSEK during the quarter.

• A new business area, Sharpest Development, was established to drive growth in IT and digitalization, with initial agreements for an AI advisory and development company.

Financial highlights

• Industrial segment Q3 net sales: 175.9 MSEK (down 0.1% year-over-year); EBITA margin: 0.4%.

• Transport technology Q3 net sales: 25.6 MSEK (up 13.8% year-over-year); EBITA margin: 0.0%.

• Merbona Invest Q3 rental income: 3.1 MSEK; EBIT margin: 50.0%.

• Total portfolio value at period end: 1,186.9 MSEK, with 95.6% in listed assets.

Outlook and guidance

• Ongoing focus on efficiency, cost adaptation, and long-term value creation through active ownership and capital reallocation from listed to operating companies.

• Continued evaluation of acquisition opportunities in core segments.