ROCA Industry reports stable turnover in first half of 2025 amid challenging market

ROCA Industry Holding, listed on the Bucharest Stock Exchange under the symbol ROC1, reported a consolidated turnover of 309 million RON for the first half of 2025, in line with the same period of 2024. The results come against the backdrop of a construction sector under significant pressure from higher costs, financing challenges, and slower project execution.

The holding recorded a consolidated EBITDA of 23.3 million RON, representing an operational margin of 7.5%. At the production company level, EBITDA reached 27.2 million RON. The Group reported a net loss of 10.2 million RON, while on an individual basis, ROCA Industry posted a net profit of 3.4 million RON, supported by dividend income and interest from loans to portfolio companies.

CEO Camelia Ene said the results reflected both external headwinds and internal adaptation measures. “Our performance was aligned with market realities. The results represent an adjustment phase, but our medium-term growth strategy is well defined, and the fundamentals of our business model remain solid. We have launched an operational optimization program, investing in technology, logistics efficiency, and cost reduction, while focusing on sectors that can generate long-term value, such as infrastructure projects,” she explained.

The broader construction sector in Romania has been marked by declining demand for new residential projects, delays in public infrastructure works, and rising insolvencies, which increased by more than 70% year on year. Against this backdrop, ROCA Industry’s portfolio companies sought to protect margins through diversification and efficiency.

ELECTROPLAST, a leader in the railway cable segment, reported turnover of 96.3 million RON, up 21% from a year earlier, with EBITDA of 7.0 million RON (+38.5%). Net profit reached 0.9 million RON, supported by an improved product mix and technology investments.

BICO Group, a major producer of mesh and technical fabrics, recorded turnover of 77.9 million RON and EBITDA of 1.6 million RON. The company pursued diversification and partial relocation to Moldova to address legislative and competitive pressures.

EVOLOR, one of Romania’s leading paint and coatings producers, generated turnover of 49.8 million RON, down 7.1% year on year. However, EBITDA improved by 12.9% due to a focus on higher-margin products, with net profit of 1.3 million RON.

DIAL, a manufacturer of panels and fencing mesh, posted revenues of 39.5 million RON, maintaining sales volumes but shifting toward lower-margin products to meet market demand.

VELTA DOORS, created through the merger of ECO EURO DOORS and WORKSHOP DOORS, reported revenues of 45.5 million RON, down 13.8% year on year. Its EBITDA margin declined from 24.9% in H1 2024 to 17.7% in H1 2025, equivalent to 8.0 million RON, as the residential market remained weak.

ROCA Industry continues to recalibrate its strategy, focusing on optimizing production capacities, refining product portfolios, and targeting long-term investments. Estimates for the second half of 2025 have been revised to reflect new market conditions, though management confirmed that budgeted targets remain the goal, underlining the Group’s commitment to financial discipline.