Finnish logistics company Hiab reports stronger-than-expected sales and profits for the first quarter. Order intake was lower than expected. Full-year forecasts are reiterated.

Revenue fell 1.0 percent to EUR 411 million (415). The result can be compared with Vara Research's analyst consensus of 388.3.

EBITA amounted to EUR 66.5 million (62.1), compared with expectations of 53.8, with an EBITA margin of 16.2 percent (15.0).

Operating profit was EUR 65.7 million (61.3). The operating margin was 16.0 percent (14.8).

Profit after tax amounted to EUR 46 million (41.9).

Earnings per share amounted to EUR 0.72 (0.65).

Order intake amounted to EUR 378 million (386), which is 2.7 percent lower than the analyst consensus.

Hiab is repeating its forecast. The company predicts that the comparable operating margin for continuing operations in 2025 will exceed 12.0 percent. In 2024, it was 13.2 percent.

In the first quarter, the adjusted margin was the same as the operating margin, at 16 percent.

CEO Scott Phillips said in a comment that the company is even more confident that it will achieve its targets for 2028.


Hiab, MEURQ1-2025 ConsensusChange vs. consensusQ1 Change
Order 3 388 - 386 -
Net sales 411 388.3 5. 415 -
EBITA 66.5 53.8 23. 62.1 7
EBITA margin 16 13.9 1
Operating profit 65.7 61.3 7.
Operating margin 16 14
Net profit 46 41.9 9.
Earnings per share, EUR 0.72 0.65 10.8
Consensus data from Vara Research