The ARB Corporation Ltd (ASX: ARB) share price in focus today after the company released its FY25 result. ARB reported a 5.3% increase in sales revenue to $729.9 million, but profit after tax slid 5% to $97.5 million. Total dividends surged 72.5% to 119 cents per share, fully franked.
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What did ARB Corporation report?
- Sales revenue up 5.3% to $729.9 million
- Net profit after tax down 5% to $97.5 million
- Underlying net profit after adjustments dropped 7.6% to $96.2 million
- Interim dividend of 34 cents, final dividend of 35 cents, and special dividend of 50 cents (all fully franked)
- Net tangible assets per share rose 12.4% to $8.31
- Cash reserves at $69.2 million with no debt
What else happened in FY25?
ARB made significant progress on international growth with the Off Road Warehouse (ORW) acquisition of US retailer 4 Wheel Parts (4WP)—increasing ARB's ORW stake to 50% and securing a broader US retail network. Domestically, several new ARB stores were opened and upgrades rolled out, further strengthening its national footprint. ARB also expanded into the Middle East with a new warehouse in Dubai, boosting its service capability across the region.
New product launches included the ARB Brushless Compressor and the Zenith Bull Bar, reflecting a strong pipeline of innovative 4×4 accessories. The company also acquired MITS Alloy, enhancing its back-of-ute product offering.
What did ARB Corporation management say?
In the Chairman's statement published in the FY25 annual report, Chairman Robert Fraser wrote:
The FY2025 result was achieved in challenging conditions…Nonetheless, the Board is confident that ARB is well positioned to achieve long-term success with strong brands, loyal customers, very capable senior management and staff, a strong balance sheet and growth strategies in place.
What's next for ARB Corporation?
ARB remains positive about ongoing demand for its products, supported by new vehicle model releases and its expanding international distribution. The company plans to open at least three new ARB stores and upgrade six to flagship format next year. Management is excited about opportunities in North America via ORW and 4WP, as well as growth prospects across export markets and its new Middle Eastern hub.
Investments in product development and customer experience are expected to continue, with a pipeline of new accessories scheduled for FY2026. ARB's strong cash position and diverse distribution channels put it in a good position for future growth.
ARB Corporation share price snapshot
Over the past 12 months, the ARB shares have lagged the S&P/ASX 200 Index (ASX: XJO), declining 8% compared to a 12% rise for the ASX 200 Index.
