Product Review
Demand across our product categories is driven by the mix of project types and applications in the non-residential market, which can shift by region and over time. As a result, our product mix and order patterns naturally fluctuate.
In 2025, lower industry activity impacted volumes across most product categories. Boomed screed sales decreased 19% to US$ 34.8m (2024: US$ 43.1m) and ride-on screed sales decreased 21% to US$ 16.1m (2024: US$ 20.3m). Sales of 3D Profiler Systems and remanufactured machines decreased 27% and 18%, respectively.
SkyScreed 36, introduced in 2019, continues to target the high-rise structural segment where we see significant long-term potential. Sales were US$ 0.3m in 2025 (2024: US$ 0.4m). As with many new categories, adoption remains gradual and near-term volumes can be uneven as the solution gains wider acceptance.
Parts and service revenue was more resilient, albeit declining to US$ 17.0m (2024: US$ 19.1m), mainly in North America, Australia, and Rest of World, commensurate with overall volume declines in those regions. In Europe, parts and service revenue remained relatively stable, supported by our in-region service and training capability, which continues to receive positive customer feedback and supports ongoing customer retention and aftermarket demand
