ABAX Highlights How Smart Location Data is Key to Winning Repeat Business in UK Events Industry

FOR IMMEDIATE RELEASE PETERBOROUGH, UK – 1st June 2026 – As the UK's festival season hits its peak, ABAX, a leading provider of telematics and smart mobility solutions, is highlighting how event hire companies are leveraging location data to overcome modern logistical challenges and secure long-term contracts. In an industry where reliability is paramount, ABAX is demonstrating that a complete view of all assets - from vehicles to tools - is the key to improving service, cutting costs, and becoming a preferred supplier. With rising fuel costs, labour shortages, and tighter schedules,

Read original

ABAX Q1 2026 Report: Resilient EBITDA Margin and Strong Cash Flow Amid Market Headwinds

29.05.2026 | ABAX Group, a leading provider of connected mobility and smart operations solutions, today releases its Financial Report for the first quarter of 2026. The company delivered a resilient adjusted EBITDA margin and strong cash flow, supported by disciplined cost control and the launch of several new product capabilities.For the first quarter, ABAX reported revenues of 187.0 (205.0) MNOK. While facing macroeconomic headwinds, particularly in the construction sector, adjusted EBITDA remained stable at 73.0 (73.5) MNOK, and the adjusted EBITDA margin increased by 3.2 percentage

Read original

ABAX HELPS LCV FLEETS TACKLE UPCOMING EU TACHOGRAPH RULES WITH NEW SOLUTION

May 21, 2026, Larvik, Norway | ABAX Group, a leader in connected mobility and smart operations solutions, today launched ABAX Tachograph, adding tachograph functionality to its unified Smart Operations platform. It will help customers with Light Commercial Vehicles (LCVs) meet the new EU Mobility Package regulation taking effect 1 July 2026. From 1 July 2026, the new regulation will mandate the Smart Tachograph 2 (SMT2) for many LCVs (2.5-3.5 tons) used in international transport. This introduces new compliance requirements for this segment, previously only associated with Heavy Goods

Read original

ABAX Group 2025 Annual Report: Continued delivery on Smart Operations strategy amid macroeconomic headwinds in Sweden, with strong growth in key Offroad and Insurance segments

30.04.2026 | ABAX Group, a leading provider of connected mobility and smart operations solutions, today releases its Annual Report for 2025, highlighting a year of disciplined cost management, profitability improvement, and strong momentum in its growth segments, despite macroeconomic headwinds — particularly in Sweden — that weighed on core vehicle tracking revenue.ABAX delivered improving profitability in 2025, with revenues of NOK 798.1 million (FY 2024: NOK 819.7 million), an adjusted gross margin of 88%, and an adjusted EBITDA margin of 40% (alternative performance measure; see

Read original

ABAX UK Reveals Scotplant 2026 Data: Majority of Site Operators Lack Critical Asset Visibility

ABAX UK, a leading provider of telematics and smart mobility solutions, has released key insights from Scotplant 2026, revealing that a significant majority of UK site and plant operators are contending with major operational blind spots due to untracked assets.Analysis of data from nearly 70 unique industry firms engaged at the event shows that 63% do not use any form of tracking for high-value plant machinery, vehicles, or trailers. This widespread lack of visibility exposes businesses to significant risks, including asset loss, inefficient servicing schedules, and an inability to verify

Read original

ABAX scale up in asset tracking with expansion into Connected tools

ABAX, Europe’s leading provider of Connected Mobility and Smart Operations solutions, is accelerating its growth in Asset Tracking with the expansion of its platform to easily incorporate tools with built in connectivity – enabling businesses to manage the growing ecosystem of tools and equipment featuring built-in manufacturer connectivity in one single, unified system.16.04.2026 |  ABAX Smart Connect enables companies to connect tools with built-in connectivity directly to the ABAX platform, reducing complexity and providing full visibility in one place. As more heavy equipment and power

Read original

See it in Action at ScotPlant: How Merlo UK Prevents Attachment Loss on its Demo Fleet with ABAX Worksite

As ScotPlant 2026 opens its doors on April 24-25, ABAX is showcasing how its technology solves real-world industry challenges by highlighting a major success story with Merlo UK, a leading manufacturer of telescopic handlers. Visitors to the show can learn how Merlo UK, whose machines are available in Scotland through dealers like Molson Scotland, has gained complete visibility of the high-value attachments used with its demonstration fleet by using ABAX Worksite.For Merlo UK, maintaining visibility of its demonstration fleet's 20-25 attachments—each worth up to £20,000—was a significant

Read original

ABAX to Demonstrate Total Site Visibility at ScotPlant 2026, from the Smallest Tool to the Largest Plant

Following a successful launch at the Executive Hire Show in February, ABAX has announced it will be demonstrating its innovative ABAX Site Operations solution at ScotPlant 2026. The exhibition, Scotland's largest construction equipment trade show, takes place on April 24-25, 2026, at the Royal Highland Centre, Edinburgh.ABAX Site Operations provides a complete, real-time overview of all assets across indoor, outdoor, and hybrid sites. The solution is designed to give businesses a live digital map of asset movements, removing the complexity and high costs typically associated with

Read original

Q4 2025 Financial Report: Continued Growth in Offroad and Insurance

27.02.2026 | ABAX Group, a leading provider of connected mobility and smart operations solutions, today announces its financial results for the fourth quarter of 2025. The company delivered continued growth in Offroad and Insurance, improved profitability, and further strengthened its Smart Operations position despite continued macroeconomic challenges, particularly in Sweden.Key highlights for the period · Offroad ARR increased to 91.7 (86.7) MNOK in Q4 2025, up 6 % YoY. The tool tracking solution ABAX Locator grew 27 % YoY · Insurance ARR increased to 28.4 (18.1) MNOK in Q4 2025,

Read original

The Dutch drive the fastest, the British drive the furthest – and emissions continue to fall

Data from ABAX-connected vehicle fleets across Europe in 2025 reveals clear differences in driving patterns between countries – from higher average speeds in the Netherlands to longer journey distances in the UK. At the same time, the downward trend in carbon emissions continues. Estimated CO₂ emissions per connected vehicle fell by 3 percent compared to 2024.This is highlighted in ABAX’s annual Mobility Data, published today. ABAX is one of Europe’s leading providers of connected mobility and smart operations solutions. The report is based on data from approximately 300,000 connected

Read original

Merlo UK Gains Full Attachment Visibility with ABAX Worksite

Merlo UK, a leading manufacturer of telescopic handlers for the construction and agricultural sectors, has strengthened its machinery tracking and asset visibility strategy with ABAX’s tracking solutions. A new video showcases how Merlo UK uses ABAX Worksite to keep track of high-value attachments that frequently move between customers, helping prevent loss and improve operational efficiency.New Video Highlights How Intelligent Machinery Tracking Reduces Loss and Saves Time Merlo UK, a leading manufacturer of telescopic handlers for the construction and agricultural sectors, has

Read original

ABAX Site Operations selected for Executive Hire Show 2026 Innovation Trail

ABAX Site Operations selected for live Innovation Trail at Executive Hire Show 2026 ABAX has announced that its latest solution, ABAX Site Operations, has been selected as one of just ten products to be featured in the live Innovation Trail at the Executive Hire Show 2026, following independent selection by industry body Hire United.The Innovation Trail highlights the most innovative new products in the hire and plant sector, with shortlisted entries chosen for their practical value, innovation and relevance to professional hirers. Selected manufacturers are interviewed live on their

Read original

ABAX releases 2026 UK business mileage tax guide to help fleets reduce HMRC compliance risk

ABAX, a leading provider of vehicle tracking and mileage reporting solutions, has launched a new Business Mileage Tax Rules 2026 guide to help UK businesses understand HMRC requirements and reduce tax compliance risk.Accurate mileage reporting remains one of the most challenging areas of fleet and tax compliance. HMRC requires clear evidence to distinguish business mileage from private use, and penalties can be significant where records are incomplete or inconsistent. ABAX’s new guide provides practical, plain-English guidance on how the rules work in practice and what businesses need to do

Read original

ABAX Group AS publishes presentation from DNB Carnegie Digitalisation Summit

Larvik (Norway), January 14, 2026 | ABAX Group AS, a leading provider of connected mobility and smart operations solutions, today participated in the DNB Carnegie Digitalisation Summit. In connection with the event, ABAX Group AS has published the presentation held at the summit on 14 January 2026.The presentation, presented by CEO Emma Dyga, includes an overview of ABAX Group’s business, strategy and key financial highlights, and outlines ABAX Smart Operations. An on-demand stream from the event will be published at: https://dnbcarnegie.videosync.fi/digitalisation-summit-2026  The

ABAX Group AS Publishes Bond Prospectus and Applies for Listing of Its Bonds on Nasdaq Stockholm

Larvik (Norway), December 12, 2025 | ABAX Group AS (the “Company”) has issued a senior secured callable floating rate bond loan of SEK 900,000,000 on 29 January 2025, within a total framework amount of SEK 1,500,000,000. The bonds carry a floating interest rate of STIBOR 3m + 4.75 per cent. per annum and mature 29 January 2029.The Company will apply for listing of the bonds at Nasdaq Stockholm. The bonds will be admitted to trading at Nasdaq Stockholm as soon as possible. In connection with this, the Company has prepared a prospectus. The prospectus has been approved by, and registered

ABAX Launches ABAX Site Operations - Redefining the Real-Time Location System (RTLS) Market

Larvik, Norway – December 3, 2025 | ABAX, one of Europe’s leading providers of connected mobility and smart operations, today announces the launch of ABAX Site Operations, a new real-time tracking solution designed to simplify how businesses monitor assets across sites, warehouses, and yards. The platform provides a unified view of moving equipment and vehicles, combining mapping, automation, and system integration to support smarter site management through faster workflows, fewer delays and less time wasted locating tools, equipment, or inventory.ABAX Site Operations is built as a

ABAX appoints Lars Holmøy as new CFO to drive financial strategy and growth

Larvik, Norway – December 1, 2025 | ABAX, one of Europe’s leading providers of connected mobility and smart operations, has appointed Lars Holmøy as Chief Financial Officer (CFO), effective December 1, 2025. The appointment reinforces ABAX’s strong financial leadership, scalability, and focus on long-term value creation with smarter operations powered by adaptive intelligence.Lars Holmøy brings extensive experience from leading financial and strategic roles in international SaaS and technology companies. Before joining ABAX, Lars served as CFO of Elliptic Laboratories (ELABS), where he led

Q3 2025 Financial Report: Continued Momentum in Asset Tracking and Large Customers

Larvik, Norway November 28, 2025 | ABAX Group AS, a leading provider of connected mobility and smart operations solutions, today announced its financial results for the third quarter of 2025. The company delivered continued growth in asset tracking and Insurance ARR, solid performance in the Large Customer segment, and improved gross margin despite ongoing macroeconomic challenges in Sweden.Key highlights:  · Subscriptions at the end of Q3 reached 411k (392k), up 5 % year-over-year  · Asset Tracking ARR grew 28 % YoY to 25.5 MNOK (19.9 MNOK)  · Insurance ARR increased to 25 MNOK (

Celebrating success: ABAX UK proudly supports Fraser Fenwick’s record-breaking season

UK — 30 June 2025 — ABAX UK is proud to celebrate the outstanding success of Fraser Fenwick, who is dominating the 2025 British GT Cup with 7 wins, 7 pole positions and 2 lap records in just 9 races.Fenwick, competing in the Lamborghini Super Trofeo Evo, has established himself as one of British motorsport’s brightest young drivers. Backed by ABAX UK, his performance combines championship-winning pace with a growing network of brand partnerships, demonstrating how motorsport provides a powerful platform for engagement and growth. “This season has kicked off in a way that exceeds even my

Read original

ABAX identifies the five construction machines UK sites can’t afford to lose sight of

LONDON, UK — 1 October 2025 — ABAX, a leading European telematics provider, today highlighted the five most critical machines that construction firms should track to protect productivity and reduce losses: excavators, JCBs (and their attachments), dumpers & articulated trucks, cranes, and compact track loaders. Drawing on sector data and customer recoveries, the guidance shows how connected tracking reduces theft, downtime and unnecessary maintenance across multi-site operations.Construction teams face heightened risk during autumn and winter as daylight shortens, with October seeing spikes

Read original

ABAX introduces all-in-one CRM platform powered by HubSpot and DealHub

Today marks a milestone for ABAX as we officially launch our new partnership with HubSpot and DealHub in our UK office.The biggest CRM investment in ABAX history This event is not just the pilot of the year - it’s the largest investment ABAX has ever made in its sales CRM infrastructure. What this means for our customers The collaboration brings together the power of HubSpot’s intuitive CRM platform with DealHub’s advanced deal acceleration capabilities. From a customer perspective, the experience will feel more professional, seamless, and responsive, while our sales teams will

Read original

ABAX Group Repositions Automile in Sweden – Setting a New Standard in Mileage Claims for Company Car Fleets

Larvik, Norway – September 23, 2025 | ABAX Group, a European telematics and Internet of Things (IoT) leader, announced today the launch of the revised Automile commercial offering and website in Sweden, marking a strategic move to strengthen its competitive position in the mileage claim segment. With pricing from 79 SEK per month, Automile is designed to meet the needs of company car users and fleets looking for a reliable, compliant mileage claim product at an affordable price.Automile, already in use by more than 15,000 businesses, combines proven telematics technology and a broad set of

ABAX Group AS Q2 2025 Financial Report: Strong Growth in Asset Tracking and Improved Margins

Larvik, Norway August 29, 2025 | ABAX Group AS, a leading provider of telematics IoT and smart mobility solutions, today announced its financial results for the second quarter of 2025. The company delivered strong growth in its Asset Tracking segment, improved gross margin, and continued progress on operational efficiencies despite continuous macroeconomic challenges in Sweden.Key highlights: · Successful launch of ecommerce in the ABAX customer portal, enabling customers to buy more products through self-service · AI-powered Driver App piloted with 1,000 drivers, with 90 %

ABAX Group Sustainability Report 2024 – Lower emissions and impactful customer solutions

ABAX Group has released its 2024 Sustainability Report, highlighting progress across its own operations while expanding the tools that help customers run greener and more responsible businesses.The report reflects ABAX’s dual approach to sustainability – reducing its own environmental footprint and enabling thousands of companies across Europe to do the same. In 2024, ABAX cut its total emissions by 17 % compared to 2023. A major driver was the transition to greener company vehicles, with 95 % of the fleet now electrified or hybrid. Flexible working models and smarter commuting choices