Reka Industrial’s result improved – the company anticipates improving profitability

An industrial company that manufactures rubber products Reka Industrialin the operating result in January-March of this year was 0.3 million euros. At the same time last year, the company’s operating result was 0.1 million euros. The operating profit margin settled at 3.4 percent.

The company’s turnover increased to 8.5 million euros in the review period. In January-March last year, the turnover was 7.9 million euros.

Reka Industrial’s EBITDA for the quarter was 0.6 million euros. The figure for the comparison period was 0.5 million euros.

Earnings per share turned into a loss in the review period and was EUR 0.01 in loss. At the same time last year, earnings per share were EUR 0.04.

The company expects the EBITDA in 2026 to be better than the previous year, states the company’s press release.

The company invests in improving productivity and cost efficiency and strengthening the conditions for future growth by developing product offerings and production technology, CEO Tulander Cider states in the announcement.

Reka Industrial said in the review period that it had established a subsidiary in Ukraine. Next, the company plans to buy facilities suitable for production in the country in order to start the production of technical rubber products.

In addition, the energy project launched by the company a year ago to make the production process of the Aura factory carbon dioxide-free has progressed. The estimated commissioning of the new thermal battery equipment is in July-August.

The news is based on the company’s stock exchange release and analyst forecast, if one has been available. The news has been prepared by artificial intelligence and checked by the editor before publication.