A significant, 17.9 percent increase brought HUF 31.1 billion in revenues for Rába in the first nine months of 2012. The Axle Business Unit continues to be the flagship business of the Group, attaining a 24.5 percent growth compared to the base period of 2011. The financial results of both the Components and the Vehicle Units also improved. The 38 percent growth in EBITDA signals that Rába Group is on the right track to meet its targets for 2012.
Please be informed that the central office of Raba Plc. and Raba Axle Ltd. will be officially closed during the following working days: 29-31 October, 2012.
The companies of Raba Group will be officially closed during the summer shutdown period as follows:
Raba Plc. (central office - Holding): 13-20 August, 2012
Raba Axle Ltd.: 13-20 August, 2012
Raba Vehicle Ltd.: 6-20 August, 2012
Raba Automotive Components Ltd.
- Mór 16-26 August, 2012
- Sárvár, Esztergom 13-26 August, 2012
In 2011 the company at group level registered sales in the amount of HUF 39.3 billion, with a growth of 9.9 per cent, against HUF 35.8 billion in 2010. Such increase is a tribute to the nearly 15% increase of the Axle business and to the 11 per cent increase in the Component business and to the decline by 11% in the performance of the Vehicle business. The operating profit nearly doubled in 2011, and amounted to a profit of HUF 1,640 million through an increase by HUF 781 million. All of Rába’s business registered a positive operating result, the profitability of the Axle and the Component businesses increased compared to the previous year. EBITDA increased by 23.4%, amounting to HUF 3,846 million. The profit after taxation was HUF 465 million in 2011.
The companies of Raba Group will be officially closed during the winter shutdown period as follows:
Raba Plc. (central office - Holding): 27 December, 2011 - 1 January, 2012
Raba Vehicle Ltd.: 19 December, 2011 - 1 January, 2012
Raba Axle Ltd.: 27 December, 2011 - 1 January, 2012
Raba Automotive Components Ltd.
- Mór 19 December, 2011 - 1 January, 2012
- Sárvár 27 December, 2011 - 1 January, 2012
The companies of Raba Group (central office of Raba Plc., Raba Axle Ltd., Raba Automotive Components Ltd., Mór) will be officially closed during 8-21 August, 2011.