ARB Corporation Limited (ASX:ARB)

The 1H FY2026 Results Presentation for ARB Corporation Limited highlighted a challenging period marked by declines in domestic sales and a reduction in sales to Original Equipment Manufacturers (OEMs), which decreased by 38.2% due to increased inventory levels and weaker vehicle sales. Despite these challenges, export sales grew by 8.8%, particularly driven by a 26.1% increase in the US market, facilitated by strong partnerships with Toyota US and the development of the US e-commerce platform. The Australian aftermarket sales declined slightly by 1.7%, but investment in new flagship stores and the launch of an Australian e-commerce site in February 2026 were noted as positive steps. The financial results showed a 1.0% decrease in sales revenue to $358.0 million and a 17.2% decrease in profit after tax to $42.2 million, attributed to factors such as a weaker Australian dollar and lower factory cost recoveries. Nonetheless, ARB is continuing to invest in product development and distribution, with a positive outlook for 2H FY2026, particularly in export markets.