Reka Industrial - Insane cash and rubber to the world

Reka Industrial Plc: Revenue continued to grow

Reka Industrial Plc’s Business Review for January–September 2026

July–September 2026

  • Rubber segment turnover was EUR 7.8 (7.4) million
  • Rubber segment EBITDA was EUR 0.7 (0.9) million
  • Group turnover was EUR 7.8 (7.4) million
  • Group EBITDA was EUR 0.5 (0.7) million
  • Group operating profit was EUR 0.1 (0.4) million

January–September 2026

  • Rubber segment turnover was EUR 25.2 (23.8) million
  • Rubber segment EBITDA was EUR 2.6 (2.9) million
  • Group turnover was EUR 25.2 (23.8) million
  • Group EBITDA was EUR 2.0 (2.1) million
  • Group operating profit was EUR 0.9 (1.1) million
  • Group result for the period was EUR 0.4 (1.2) million
  • Group cash and other financial assets totaled EUR 29.3 million on September 30, 2026.

Profitability is tight due to raw material costs. Presumably better going forward after price increases.

During the current year, business development has been hampered by the Middle East conflict, which has caused significant increases in raw material, energy, and freight costs, as well as delays in some customer projects. Reka Rubber was able to pass on the cost increases to customer prices mostly only during September.

Cash position is practically unchanged. Still, no value is being attributed to the profitable business here, given that the market cap is roughly equal to its liquid assets.
:man_shrugging:

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