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Confirmed resolutions: RÁBA successfully closed business year 2019

On the initiative of shareholders, RÁBA Plc. held a General Meeting on 10 September 2020 with the aim of ex-post approving the resolutions passed by the Board of Directors in the competence of the General Meeting in accordance with the spring epidemiological regulations.

Rába enters new market segment
A cooperation, successfully launched last year, is set to be further expanded this year by Rába and its leading international partner. The new framework agreement signed with the integrator company responsible for complete seat sytems and now assuming a key partner status, justifies the business development strategy of Rába, a company committed to quality manufacturing.
Positive and stable operating cash-flow is headline target despite crisis

RÁBA Plc. closed the first half of 2020 with a consolidated sales revenue of HUF 19.2 billion. The company has offset the short and long term effects of the crisis caused by the coronavirus by improving operating efficiency and by forward-looking developments that support Rába’s strategic plans.

Exploitation of new market opportunities and developments point the way

RÁBA Plc. closed the first three months of 2020 with a consolidated sales revenue of HUF 11.8 billion. This year, when business predictions are difficult to make, Rába concentrates on cash-flow, and strives to improve operational efficiency and exploit newly arising market opportunities.

Another profitable business year

Rába Group increased its sales revenue by 2.4 percent compared to the base period, and the consolidated income amounted to almost HUF 50 billion in 2019 Q1-Q4. The company reached important milestones in its history in 2019: it strengthened its manufacturing competence and product portfolio by acquisition; after successfully concluding the test run serial production started on the new forging line, which is going to become Europe’s most modern and integrated production line in the front axle segment after the ancillary capacities become operational this year.

Profitable operation on volatile markets

Consolidated sales of Rába Group reached nearly HUF 38 billion in the first nine months of 2019, registering a 9.3 percent increase compared to the base period of 2018. The company boasted a profitable operation in 2019 Q1-Q3 by implementing significantly flexible and maximally customer-driven manufacturing.

Continuing revenue growth, solid profitability

Rába Group realized a consolidated, group-level revenue of nearly HUF 27.5 billion in the first half of 2019, which corresponds to a 12.9 percent increase in turnover compared to the base period. The company is looking forward to the completion of the investment program supporting its sustainable competitiveness at the end of the year while maintaining a solid profitability.

Significantly growing revenue and profitability

Rába Group increased its sales revenue by an outstanding 19 percent in the first three months of 2019, realizing a consolidated income of HUF 14.7 billion. In 2019 Q1 excellent cash-flow generation supported Rába’s business development, the last phases of the technology upgrade program to be concluded by the end of the year, and the acquisition agreement signed yesterday.

Growing sales revenue, ongoing modernization

The Rába Group closed 2018 Q3 with consolidated sales of HUF 34.7 billion, which is a 12.5 percent increase in sales compared to the base period. The strategic investment program of the company soon reaches the next milestone, the testing of the new production line is expected to start before the year is out.

Continuing sales growth, ongoing market recovery

Rába Group realized a consolidated, group-level revenue of nearly HUF 25 billion in the first half of 2018, which corresponds to a 13.2 percent increase in turnover compared to the base period. The successful operation of the company was supported by its now consistently outstanding cash flow generation in the first six months of this year.