PT Avia Avian Tbk (AVIA) Q3 2025 earnings summary

Executive summary

• Achieved consolidated Q3 2025 revenue of IDR 2.043 trillion, up 14.5% year-over-year, and nine-month sales of IDR 5.93 trillion, up 9.7% year-over-year.

• Q3 net profit rose 15.5% to IDR 407 billion, with nine-month net profit up 2.5% to IDR 1.19 trillion.

• Launched three new products in wood and metal, waterproofing, and instant cement segments, and implemented a 1-2% price increase in August 2025.

• Expanded distribution with four new wholly owned centers, now serving over 58,000 stores in 99 cities across 38 provinces.

• Maintained strong market presence and continued share buyback, repurchasing over 64% of authorized shares by September 2025.

Financial highlights

• Q3 gross profit reached IDR 870 billion, up 12.2%, with a gross margin of 42.6%; nine-month gross margin at 42.9%.

• Q3 EBITDA was IDR 500 billion, up 16.9%, with an EBITDA margin of 24.4%.

• Q3 net profit margin was 19.9%; nine-month net profit margin at 20%.

• EPS grew 17% year-over-year to 6.8; basic and diluted EPS for nine months was Rp 19.75.

• Free cash flow as a percentage of sales was 10% for nine months, with cash and cash equivalents at IDR 2.12 trillion.

Outlook and guidance

• On track to meet full-year 2025 sales guidance, with FY sales value growth expected at 6-10% and volume growth at 4-8%.

• Early Q4 sales indicators remain positive; November and December will determine if double-digit annual growth is achieved.

• 2026 growth expected to outpace Indonesian GDP, with guidance at least matching 2025’s pace.

• Routine CapEx for 2025 projected to be modestly above historical averages, with commitments of IDR 271 billion as of September 2025.

• Focus on ESG initiatives, operational optimization, and maximizing shareholder value.