AutóPRO - profi és prominens

In 2011, Rába increased their income on a group level by 10% to 39.3 billion HUF. The turnover of the running gear branch rose by 14.8% to 24 billion HUF. European markets were characterised by a whopping 150% growth, while sales in the US increased by 10%. Sales in the component branch grew more than 11% to 10.8 billion HUF.

While domestic sales remained the same, the driver for the company’s growth was export to Europe. The income of vehicle business branch decreased to 5.5 billion HUF, which was counterbalanced by the exceptional results in the European markets. The focus point of Rába Group’s financial income moved towards export, it gave more than 64.7% of total sales.

The level of the gross profit of the company surpassed the results of the previous year by 3.4%. Production results reached 1.64 billion HUF, doubling the value registered in the previous year. In the fourth quarter, the production results of the company group reached 1.7 billion HUF, which is 187% more than in the same period of the year before.

With this the company has had its most successful quarter for the past ten years, and in addition to that, all business branches of the group were profitable on the level of production. The company’s EBITDA reached 3.85 billion HUF, outdoing the previous year by 23.4%. The gross earnings of the company in 2011 exceeded 460 million HUF.

Mr István Pintér, CEO

“2011 has brought the results we had desired, we managed to realise our financial plans, and we got closer to our strategic goals as a result of partner agreements and intuitive developments. We could strengthen our position in the most important markets, with a strategic turn we pointed the company towards Europe, where by obtaining the confidence of the highest-ranking customers, we can deservedly compete for the “best in class” title, representing the peak of the category in the highlighted segments.

"Our component-manufacture branch joined the elite club of the Western European automotive industry by having entered into the highest-ranking supplier network. The international success of our midibus has shown that even a Hungarian collaboration can produce a bus which is able to stand its ground in the export markets as well. One of the most important milestones of 2011 was the inauguration of the Rába Development Institute. Our income resulting from new deals surpassed 10% which well represents the value of our large projects and the opportunities in front of us,” informed Mr István Pintér, CEO of Rába Nyrt.