Brief: Hiab Q1 EBITA Rises To EUR 67 Million

Hiab Oyj

30/04/2025 06:11

April 30 (Reuters) - Hiab Oyj HIAB.HE:

OUTLOOK FOR 2025 UNCHANGED

Q1 ORDER BOOK EUR 601 MILLION VERSUS EUR 659.1 MILLION SEEN IN VARA CONSENSUS

Q1 EBITA WAS EUR 67 (62) MILLION

Q1 SALES EUR 411 MILLION VERSUS EUR 388.3 MILLION SEEN IN VARA CONSENSUS

Q1 ORDERS EUR 378 MILLION VERSUS EUR 388.6 MILLION SEEN IN VARA CONSENSUS

SIGNIFICANT PORTION OF HIAB'S SOLUTIONS SOLD IN US ARE ASSEMBLED DOMESTICALLY, BUT A LARGE PART OF THE COMPONENTS ARE SOURCED GLOBALLY

IF TARIFFS WERE TO BE IMPOSED ON HIAB'S SOLUTIONS OR THEIR COMPONENTS, HIAB MIGHT NOT BE ABLE TO PASS THE ENTIRE COST INCREASE ON TO ITS CUSTOMERS

ON TARIFFS: MANAGEMENT IS EXPLORING ALTERNATIVE SUPPLIERS, MAKING PRICE ADJUSTMENTS, PRE-BUYING  COMPONENTS AND PLANNING FACTORY CAPACITY

Source text: ID:nGNEbd181P

Further company coverage: HIAB.HE

 (Gdansk Newsroom)

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