Robit (ROBIT) Q3 2026 earnings summary

Executive summary

• Q3 net sales rose 17.1% YoY to €22.488m; orders increased 12.9% to €22.2m, supported by mining-contract deliveries.

• Q3 EBITDA was €0.938m, down 50.4% YoY, and EBIT was €0.168m, down 82.3%; operating cash flow was -€2.7m as inventory needs rose during contract ramp-up.

• 9M net sales grew 12.3% to €67.750m; EBITDA rose 29.1% to €4.984m and net income was €1.710m, versus a €0.253m loss in 9M 2025.

Financial highlights

• Q3 period result was €0.283m versus €0.491m; EPS was €0.01 versus €0.02.

• Q1–Q3 EBIT was €2.539m versus €0.974m; adjusted EBIT was €2.7m versus €1.2m.

• Q3 cash flow before working-capital changes was €1.8m; 9M operating cash flow was -€6.6m versus €3.4m.

• At constant exchange rates, net sales grew 13.5% in Q3 and 12.4% in 9M.

Outlook and guidance

• 2026 guidance expects net sales and comparable EBIT in euros to increase versus 2025.

• Guidance assumes good mining demand, positive construction demand, exchange rates near end-2025 levels, and tariffs that do not significantly weaken competitiveness.

• Long-term targets are growth above the market and comparable EBIT margin above 10%; LTM Q3 2026 comparable EBIT margin was 3.8%.

• Inventory was expected to decline significantly in Q4 and Q1, supporting a return to positive operating cash flow; Q4 gross margins were expected to be similar to or slightly better than Q3, with tungsten costs weighing early in the quarter.