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Rába: Start of strategic upgrading

The Rába Group wrapped up 2016 Q1 with more than HUF 9.5 billion consolidated sales. In the first three months of this year the company improved the competitiveness of its products and relying on its outstanding financial performance took the first steps to achieve its new strategic goals.

Rába in motion: outstanding operating results, low credit portfolio- The automotive holding plans strategic investments and developments for the international market

With an operating profit of nearly HUF 2.2 billion in 2015 Rába Automotive Holding Plc. has reached its second best performance of the past decade. Meanwhile, the company managed to decrease its debt by more than 80% reaching a record low level. This does not only expand opportunities for strategic investments, but also gives way to developments striving to the international market.

Rába AGM approves strategic technology development program
The annual general meeting of Rába Holding Plc. approved the management’s report on the year 2015 operation of the company. Rába Group concluded the business year 2015 with a total comprehensive income amounting to nearly HUF 2 billion and consolidated total assets of HUF 34.5 billion. The AGM gave its consent to the company’s high-value investment program aiming at the improvement of the Axle Unit’s competitiveness ending in 2019.
Rába-Webasto S91 type midibus heading for European roadshow

The 2015 development version of the S91 midibus, produced in an integrated cooperation of Hungarian and international companies headed by Rába and already tried and tested in a number of European countries, is soon to set out on a European presentation tour. The bus, equipped with a Euro 6 type engine, conforms to most stringent EU directives on emissions.

Rába 2015: outstanding performance opens up new perspectives for the company

Consolidated group level sales of Rába Group exceeded HUF 46 billion in 2015, with the company having announced several new, successful business developments. All three business units of the holding improved their profitability, owing to which – together with a record low level of loan – the company markedly increased its equity opening the way to the attainment of important developments.

Indebtedness is in the past: new strategic opportunities

Rába Group wrapped up 2015 Q3 with nearly HUF 33 billion consolidated sales. Outstanding cash-flow generation have continued this year, and the net loan that stabilized on a level significantly lower than those of the previous years has had a positive effect on the company’s finances, and by supporting Rába’s future plans also opens up new growth potentials.

Rába to enter NAFTA bus market in Mexico

Rába introduces its complete axles on the market of another country on the American continent. The Győr based Hungarian company supplies Mexico’s DINA bus manufacturer’s buses and trolley buses with axles.

Ongoing cooperation between Rába and Claas

Through a new order Rába expands its scope of products supplied to Claas, one of the world’s leading agricultural vehicle manufacturer. The agreement signed for five years brings the company a revenue of nearly EUR 2 million.

Rába – EAMCO agreement in Egypt

As a result of its business development efforts Rába is about to gain a footing on a new target market in North-Africa. The Hungarian company supplies bus axles to the Egyptian truck and bus manufacturer EAMCO (Engineering Automotive Manufacturing Company).

Increasing Profitability, Markedly Decreasing Net Loan at Rába

Consolidated group level sales of Rába Group reached HUF 24.5 billion in the first half of 2015. The EBITDA, rising by almost 14 percent and showing the efficiency of cash-flow generation, surpassed the figures of the base period in terms of sales efficiency and volume, and Rába’s all other performance indicators also signal a profitable financial management in the first half of this year.