In Q1 of 2012, the Company at group level registered sales of nearly HUF 10 billion, which is an increase of more than 6 per cent compared to the same period of 2011. All of Rába’s business registered a positive operating result, exceeding last year’s level. EBITDA increased by an outstanding 70 per cent amounting to HUF 648 million. The Rába group generated a positive net profit during Q1 of 2012.

‘2012 is the year of increasing international integration and boom for the Rába group. Our development results have started generating income. The Rába strategy stood the test of the post-recession period with flying colours: owing to the innovative developments already announced and to the projects currently underway, our company is increasingly becoming part of the international automotive industry undergoing globalisation. We are making moves towards further external markets as well. We aim to operate in a transparent and stable manner, which is key to retaining the confidence fostered among our traditionally important international customers’, summarized István Pintér, Chairman-Chief Executive Officer of Rába Nyrt.

Report on the Results of Rába Plc. during Q1 of 2012