Australia's ARB Corp tumbles on lower earnings forecast

ARB

19/01/2026 23:35

** Shares of Australia's ARB Corp ARB.AX fall as much as 18.9% to A$26.22, their lowest since early January 2023

** Motor vehicle accessories manufacturer expects 1H FY26 underlying profit before tax of approximately A$58.0 million  ($38.92 million), 16.3% lower than pcp

** Says H1 FY26 total sales revenue fell 1% over pcp to A$358.0 million

** Stock top loser in the benchmark S&P/ASX 200 index .AXJO, which is down 0.3%

** Stock down 12.4% YTD, after losing 22.6% in 2025

($1 = 1.4903 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))