ROCA Industry posts strong growth in first half of 2024

ROCA Industry, Romania’s first industrial holding specializing in the production of construction materials and listed on the Bucharest Stock Exchange under the symbol ROC1, reported a strong performance for the first half of 2024. The holding recorded a cumulative turnover of RON 314.5 million, marking a 9.5% increase compared to the same period in 2023, despite challenges in the construction materials market.

The holding, primarily owned by private equity firm ROCA Investments, continues to play a key role in strengthening Romania’s industrial sector. ROCA Industry focuses on consolidating and modernizing local production capacities to enhance the competitiveness of the national industry.

In addition to revenue growth, ROCA Industry achieved significant improvements in operational profitability. The holding’s cumulative EBITDA reached RON 36.3 million, with an EBITDA margin of 11.5%, reflecting a 75.2% increase from the first half of 2023. The holding also posted a cumulative net profit of RON 4.5 million during this period.

These results underscore ROCA Industry’s ability to navigate market dynamics through a well-adapted growth strategy. Since 2022, the company has implemented a multi-dimensional approach focused on operational optimization, the development of distribution channels, portfolio diversification, and the expansion of export markets.

“The performance in the first half of the year confirms the effectiveness of our strategy, even in a difficult and continuously unpredictable market context. The achievements, which we attribute primarily to the high-performing management team, demonstrate not only the ability to quickly respond and adapt through operational efficiency to market changes, but also the added value of the ROCA Industry holding model,” said Ionuț Bindea, CEO of ROCA Industry. He emphasized that the integrated system of companies under professional management, with a focus on effective transformational strategies, is more resilient to economic fluctuations and consistently delivers strong results.