Robit (ROBIT) Q2 2026 earnings summary

Executive summary

• Net sales for Q2 2026 rose 22.5% year-over-year to EUR 24.0 million, with H1 2026 net sales up 10.0% to EUR 45.3 million.

• Orders received in Q2 2026 increased by 10.3% year-over-year, driven by strong mining demand and geotechnical segment growth.

• EBIT turned positive in Q2 2026, supported by higher sales volumes and robust performance in the Americas and Asia.

• Sustainability targets advanced, with emission intensity reduced by 49.8% compared to 2020, but lost time frequency index worsened.

• Growth was driven by new contracts in key mining markets and strong geotechnical and down-the-hole segments.

Financial highlights

• Q2 2026 net sales: EUR 24.0 million (up 22.5%); H1 2026 net sales: EUR 45.3 million (up 10.0%).

• Q2 2026 EBITDA: EUR 1.8 million (7.3% margin); Q2 EBIT: EUR 1.0 million (4.1% margin); Q2 net profit: EUR 0.5 million.

• H1 2026 EBITDA: EUR 4.0 million (8.9% margin); H1 EBIT: EUR 2.4 million (5.2% margin); H1 net profit: EUR 1.4 million.

• Earnings per share in H1 2026: EUR 0.06 (vs. -0.04 in H1 2025).

• Operating cash flow for Q2 was EUR -2.5 million; H1 operating cash flow was EUR -4.0 million, mainly due to inventory build-up from tungsten price hikes.

Outlook and guidance

• Net sales and EBIT profitability for 2026 are expected to improve over 2025, with guidance assuming stable exchange rates and no significant tariff impacts.

• Positive momentum is expected to continue, with mining demand remaining strong and construction demand anticipated to improve in H2 2026.

• Cash flow is expected to turn positive in Q4 2026 if tungsten prices remain stable.