In the first half of 2025, Rába continued to consistently pursue its strategic objectives, while the persistent uncertainties and increased volatility of the international automotive sector paused a major challenge for both domestic and international actors in the sector. The suc-cesful conclusion of a real estate sale, which has dragged on for many years has also paved the way for the launch of a key capital expenditure: the modernisation of the roof structure of the largest production hall of the central site in Győr. Rába concluded the period under review with a group-level operating result of HUF 2.7 billion, which is a more than four-fold increase over the HUF 564 million achieved in the first half of 2024.
The Rába modernisation programme has for years been in the focus of the Company’s attention, the related investments and developments play a key role in securing long-term, sustainable deve-lopment. The weaker business performance due to the fluctuations in demand experienced on glo-bal markets and to geopolitical risks, however, currently only allows a slower-paced implementation of the modernisation indispensible to strengthen the market positions of the Company. In June 2025, the financial closing of the sale of the property located at Városrét in Győr, under topographi-cal number 6390/5 was concluded, based on the authorisation granted by the general meeting of shareholders in 2020 and on the sale and purchase agreement signed in 2023. The proceeds from the sale play a fundamental role in implementing the Rába Modernisation Programme.
In 2024, the general meeting of shareholders approved the modernisation of the roof structure of the so-called 67.000 square meter hall, the largest facility of the central site in Győr. Fort he fi-nancing of the project the Company relies on its own funds, as well as on the use of non-refundable grants secured within the Factory Salvage (Gyármentő) Programme. Following preparations, the contractor has already started the work. The modernisation of the roof structure serves not only the maintenance of the state of the building but also allows for the installation of a new, high capacity, solar panel system on the roof. This way in addition to increasing its energy efficiency, Rába can also substantially reduce its exposure on external energy markets, while contributing to the re-duction of its carbon footprint. Increasing the share of renewable energy is an integral part of Rá-ba’s long-term sustainability plans, in line with industry requirements and with environmentally res-ponsible corporate operation.
Additionally, maintaining financial stability, optimising cost cutting efforts and processes take priority in our day-to-day operation, as well as in the long run.
The consolidated sales revenue in the second quarter of the year amounted to HUF 14.27 million, which basically equals the volume achieved in the same period of last year. Compared to the same period of the previous year, the company’s EBITDA grew nearly five-fold to HUF 3.45 billion due to the property sale, while even without the property sale it exceeded the base period result. The com-pany aims to strengthen its margins through conscious and targeted measures: a strategic shift in the product structure, stringent cost control and the optimisation of production and logistical proces-ses all contribute to making the company more resilient to withstand external economic pressures.
The shareholders’ equity for the period increased by 11.2 per cent compared to a year earlier. The equity per share was HUF 1,943 per share.
“Our results achieved in the first half of 2025 prove that Rába is capable of maintaining its operating stability even amongst persistent market uncertainties, while taking active steps to lay the founda-tion for the future. A new important chapter of the Rába Modernisation Programme has just been launched through the modernisation of the roof structure of the 67.000 hall. This is a capital ex-penditure project of strategic significance in terms of technology, business and sustainability. We are convinced that through stringent cost control, consistent strategic leadership and relying on the committed efforts of our colleagues Rába can create value in the long run as well, for their partners, employees and shareholers,” said Béla Hetzmann, Chairman-CEO of Rába Automotive Holding Plc.