ARB Corporation (ARB) - Sales continue to weaken

January 21, 2025

ARB Corporation manufactures and sells motor vehicle accessories and light metal engineering works, principally for the 4WD market. The company serves stockists, vehicle dealers, and various fleet operators, as well as owns and a licensed ARB-branded store network. The company has operations in Australia, New Zealand,the United States, Thailand, the Middle East, Europe, and the United Kingdom. ARB Corporation was incorporated in 1975 and is based in Kilsyth in Melbourne.

 

Australian new vehicles sales declined by 2.7% in December to 95,895, with all states and territories reporting a decrease apart from Western Australia. Total new vehicle sales in2024 were 1,220,607, up 0.31% on a year ago. Overall, following a record year of vehicle sales in FY24, new vehicle sales are expected to continue to slow over the course of FY25. The decline in vehicle sales over recent months, and further declines to come, should be partly offset by ARB's strong order book, its increased store investment and recent acquisition of MITS Alloy. We maintain a Buy rating.

Insights that count

Discover the best opportunities to outperform the market. Our research team dig deep into the market, company and stock data to bring you insights others might overlook.

Bubs Australia (BUB) – 2025 Turnaround Story

Bubs Australia produces various infant nutrition and wellbeing products in Australia, China, the United States, and internationally.

Learn More

Santos (STO) – Underestimated Outlook

Santos produces oil and gas from assets located across Queensland, NSW, Papua New Guinea, Western Australia, Northern Australia, Timor-Leste and the US state of Alaska.

Learn More

Fortescue (FMG) – Record Quarterly Output

Fortescue is Australia’s third-largest iron ore producer and is also exploring and developing interest in other minerals, including copper, gold, lithium and rare earths.

Learn More

Want to keep up to
date on our latest news & insights

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.