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Zimplow bullish about last quarter prospects

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Zimplow Holdings expects a solid performance in the final quarter of 2025, driven by stable mineral prices, increasing investment across the mining sector, and renewed momentum in Government-led infrastructure projects.

In a trading update for the third quarter to September 2025, the diversified industrial group stated that the mining industry’s ongoing capital expenditure, both in new ventures and expansions of existing operations, continues to drive demand for its machinery and equipment.

Zimplow anticipates revenue growth from the seasonal demand for tractors and implements and small-scale farmers’ buying spares and equipment in the fourth quarter of 2025.

The group anticipates increased demand for the MF200 series tractors, generator containers and tyres during the last quarter.

Stable and elevated prices for key minerals are also supporting stronger activity across the value chain, a development Zimplow believes will translate into improved order books in the final months of the year.

The group noted that the resumption of major infrastructure projects by the Government has strengthened demand, particularly for earthmoving and construction-related equipment.

This rebound in public works, after a slow first half of the year, is expected to stimulate sectors that align directly with Zimplow’s core business units.

“The outlook for the last quarter of 2025 is optimistic owing to robust mineral prices, investment in new and existing mines and the resumption of the implementation of infrastructure projects by the Government,” said Zimplow group company secretary Mrs Sharon Mananganzira, in the quarterly trading update.

The company will continue to expand its product range and enhance operational efficiencies to capture emerging opportunities as economic activity picks up heading into 2026.

In the quarter under review, the Farmec Business Unit posted notable growth buoyed by increased uptake of Massey Ferguson tractors and implements.

Sales of the MF200 tractor model rose by 52 percent compared to the second quarter of and 44 percent above the same period in 2024, generating revenue of US$5, 99 million, up from US$5, 23 million recorded during the same period last year.

Implements also performed strongly, registering a 62 percent increase compared to the second quarter of 2025 and a modest three percent rise over the prior year, while parts and service sales grew by 3 and 42 percent, respectively, further strengthening the unit’s contribution for the quarter.

The Mealiebrand Business Unit also delivered a robust performance, spurred by increased production by small-scale farmers during the 2024/25 season and expectations of a normal summer cropping period.

The business unit’s revenue for the quarter was 94 percent above the previous quarter and 14 percent higher than the same period in 2024, reflecting improved customer confidence across the market.

Meanwhile, the Powermec Business Unit recorded year-to-date revenue of US$2,50 million, five percent higher than the US$2,38 million achieved in the prior year.

The CT Bolts Business Unit posted a 53 percent increase in revenue for the third quarter of 2025 to US$915 589.

However, the unit remained two percent below prior-year performance, which stood at US$932 031.

The Trentyre Business Unit recorded a strong 65 percent increase in turnover compared to the second quarter of 2025.

Despite this improvement, new tyre volumes were 47 percent below last year’s levels, while retread volumes were four percent higher than the prior-year performance.

Scanlink continued to show resilience, with total revenue up 20 percent to US$5,37 million, from US$4,47 million posted in the previous quarter of 2025. – Herald

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