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.
ResMed Inc. (RMD) – Diagnostic wins
ResMed manufactures sleep apnoea equipment and other respiratory devices and provides cloud-based software monitoring systems via the software as a service (SaaS) method.

COG Financial Services (COG) – Share price better reflecting growth options
COG Financial Services provides equipment financing and broking, aggregation, insurance broking, and novated leasing activities for small to medium-sized enterprises in Australia.

Electro Optic Systems Holdings (EOS) – A company maker
Electro Optic Systems develops and manufactures anti-drone software and systems and related laser weaponry it sells to military customers.
