Core Insights - Hiab Corporation's profitability has been negatively impacted by lower sales in the US, leading to a decrease in comparable operating profit margin to 11.4% [12][17][19] Financial Performance - Orders received in Q3 2025 totaled EUR 351 million, a decrease of 3% compared to EUR 361 million in Q3 2024 [11][12] - Sales for Q3 2025 decreased by 11% to EUR 346 million from EUR 388 million in Q3 2024 [13][19] - The order book at the end of Q3 2025 was EUR 557 million, down 12% from EUR 636 million at the end of Q3 2024 [11][12] - Comparable operating profit for Q3 2025 was EUR 40 million, a decrease of 24% from EUR 52 million in Q3 2024 [12][19] - Basic earnings per share for Q3 2025 were EUR 0.45, down 27% from EUR 0.62 in Q3 2024 [13][19] Segment Performance - The share of Services in total orders increased to 34% in Q3 2025, up from 30% in Q3 2024 [11][12] - Equipment sales represented 66% of consolidated sales in Q3 2025, down from 71% in Q3 2024, while Services sales represented 34%, up from 29% [12][19] Market Outlook - Hiab maintains its outlook for 2025, estimating a comparable operating profit margin above 13.5%, compared to 13.2% in 2024 [5][22] - The company is targeting a cost reduction program aimed at achieving approximately EUR 20 million lower costs in 2026 compared to 2025 [20] Strategic Developments - The sale of MacGregor was completed on July 31, 2025, resulting in a strong balance sheet with a net cash position of EUR 308 million [21] - Hiab's new reporting structure includes two segments: Equipment and Services, effective from January 1, 2025 [8][9]

Core Insights - Hiab's profitability improved in Q1 2025, achieving a record-high comparable operating profit margin of 16.0% driven by strong execution across all divisions [3][9][17] - The company reported stable order intake for the tenth consecutive quarter, with orders received totaling EUR 378 million, a 2% decrease compared to the previous year [9][16] - Hiab's outlook for 2025 remains unchanged, estimating a comparable operating profit margin above 12.0% [4][19] Financial Performance - Orders received: EUR 378 million, down 2% from EUR 386 million in Q1 2024 [8][9] - Sales: EUR 411 million, a slight decrease of 1% from EUR 415 million in Q1 2024 [8][9] - Comparable operating profit: EUR 66 million, up 7% from EUR 61 million in Q1 2024, with a margin of 16.0% [8][10][17] - Profit for the period: EUR 46 million, a 10% increase from EUR 42 million in Q1 2024 [10][9] Segment Performance - Equipment segment orders received: EUR 258 million, down 6% from EUR 275 million in Q1 2024 [20] - Services segment orders received: EUR 120 million, an increase of 8% from EUR 111 million in Q1 2024 [20] - Equipment sales: EUR 294 million, down 1% from EUR 297 million in Q1 2024 [20] - Services sales: EUR 118 million, unchanged from EUR 117 million in Q1 2024 [20] Cash Flow and Financial Position - Cash flow from operations before finance items and taxes: EUR 127 million, down 27% from EUR 174 million in Q1 2024 [13][18] - Net cash position at the end of the quarter: EUR 117 million, expected to strengthen after the sale of the MacGregor business area [18][9] - Interest-bearing net debt: -EUR 261 million, indicating a strong balance sheet [13] Strategic Outlook - Hiab aims to achieve its 2028 financial targets, with a 10-year average annual sales growth target of 7% [19] - The company continues to navigate market uncertainties due to elevated trade tensions while maintaining a focus on operational excellence and growth [19][16]