Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Arbonia AG is a Swiss-based company specializing in high-quality interior doors, showers, and glass solutions for architecture and design. Founded in 1874 as a coppersmith's shop in Arbon, Switzerland, it has evolved into a leading European supplier of building components, focusing on wood, glass, and metal products that enhance living spaces with comfort, style, and security. The company offers a comprehensive range including interior and functional doors, digital locking systems, loft doors, partition wall systems, shower doors and cubicles, handles, and building glass, serving residential, commercial, and public sectors from the middle to upper market segments. Notable for its strategic transformation, Arbonia divested its Climate Division in 2025 and sold its Windows Division, concentrating on becoming Europe's market leader in doors and access solutions through acquisitions like Portuguese Cicomol SA, German Rüthener Zargenbau, Spanish Dimoldura, and Czech Lignis. With around 3,800 employees across Central and Eastern Europe, it emphasizes innovation, sustainability, vertical integration, automation, and energy efficiency to address urbanization and CO2 neutrality trends, producing approximately 3 million doors and 550,000 showers annually. Headquartered in Arbon, Arbonia AG plays a pivotal role in the industrials sector, particularly building products, by providing integrated, customizable solutions that support modern construction and renovation demands.
The business is unprofitable at the operating level (-0.35% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 12.3%, still solid. Margins contracted 3.4pp, which offsets some of the top-line progress.
Negative free cash flow of -CHF 44M. The business is consuming cash, not generating it. Operating margin contracted 3.4pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
CHF 625M
▲ +12.3% YoY
Net Income (TTM)
CHF 132M
▲ +1492.8% YoY
Op. Margin
-0.35%
▼ -3.4pp YoY
ROIC
-0.16%
▼ -0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-CHF 44M
▼ -32.9% YoY
Op. Cash Flow (TTM)
CHF 105M
▲ +204.3% YoY
Net Debt
CHF 153M
Cash & Equiv.
CHF 27M
3Y CAGR: +4.0%
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