The third quarter of the Rába group was also marked by stable operation and forward-looking steps, while the company concluded a busy and very successful quarter on the stock market, as well. The modernisation and sustainability programme of the group – in-cluding the overhaul of the roof structure of the largest factory hall at the central plant in Győr – reached a well visible phase by the end of the quarter, upon favourable net borrow-ing positions. Global and sectorial challenges remain substantial, the period was neverthe-less characterised by balanced performance, stable revenues and gross margins that show improvements compared to the same period of last year.
In Q3 of 2025, the Rába group recorded consolidated sales of HUF 11.7 billion, which reflects a stable performance in spite of the global recession in the automotive sector, especially in Europe where the decline has been lasting and in spite of the economic impacts of the Russian-Ukrainian war and the pressure exerted by the strong Hungarian forint. The gross profit amounted to HUF 7.4 billion, largely owing to the proceeds from the significant one-off property sale during the quarter and gross margins increased from 16 to 18.2 per cent, highlighting the success of the efficiency improvement measures. The changes in the net borrowing of the group of companies are particu-larly positive, showing a decline by HUF 7.08 billion compared to the situation at 31. December, 2024, thus significantly reducing the company’s financial exposure. Although demand in the auto-motive industry declined in several segments, the disciplined operation of the company and the controlled timing of capital expenditure allowed us to maintain our stable financial performance.
One of the most important developments of the strategically significant Rába Modernisation Pro-gramme in Q3 was that we launched the overhaul of the roof structure of the 67.000 sqm largest factory hall of the central Győr plant – one of the largest property development projects of the company in many decades. In the current phase, nearly half of the roof will be renewed, within the project a roof structure complete with heat insulation will be installed, which will meaningfully reduce heating energy needs, will raise the utilisation value of the building and will provide a solid basis for the installation of a high capacity solar panel system, in support of the company’s energy efficiency goals. Energy developments form an integral part of the Gyármentő (Factory Salvage) Pro-gramme, as a result of which it is expected that nearly one third of Rába’s electricity demand will be met through power generated in-house by the end of 2026. This will considerably reduce the com-pany’s exposure on the energy market and will contribute to meeting our strategic sustainability ob-jectives.
The large-scale technological and energy developments, production efficiency improvement measures, production optimisation and strategic partnerships implemented in recent years, as well as the development of new products reinforced the strategic directions set earlier. Based on the information published in the context of the public purchase offer made in September 2025 by 4iG SDT EGY Zrt. for all of the RÁBA Plc. common shares issued by the Company, the new strategic investor also intends to confirm the existing strategic directions, complementing them with additional defence ideas. Rába – building on its manufacturing technology competence and relying on the background provided by the investor – may open towards industrial sectors with new long-term growth opportunities and strategic positions. The management of the company views the involve-ment in the production for the defence industry as a key to diversification and market growth.
By the end of the third quarter, Rába’s share prices increased nearly one and a half times. Besides the steady increase in share prices, the period was also marked by remarkably high trading volume, which suggests an uptake in investor’s interest and confidence. Such change in share prices clearly reflects the transformation process of the company, the progress of the Modernisation Programme and the market perception of the acquisition process. Thus, the development of share prices has become one of the most tangible indicators of the trust in the future of the company.
The shareholders’ equity for the period increased by 26.5 per cent compared to a year earlier. The equity per share was HUF 2,255 per share.
“Modernisation, energy developments and strategic transformations together contribute to the long-term strengthening of Rába. Steadily increasing share prices clearly reflect the confidence of the market, which in turn confirms all the steps taken recently and reinforces the growing interest of investors in Rába. The emergence of a new investor, the steady progress of the modernisation of the roof structure as part of the Modernisation Programme, as well as the strategic steps launched and still under way are all factors that can put the company on a new growth track. In spite of the industry space loaded with challenges, we continue to be committed to stable operation, modernisa-tion and future-proof developments and trust that a stronger Rába can serve the interests of the market and its investors in the long run.” emphasised Béla Hetzmann, chairman-chief executive officer of Rába Automotive Holding Plc.