Waberer’s Group’s sales and after-tax profit both increased in the third quarter

By: Trademagazin Date: 2025. 11. 12. 10:28

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Waberer’s Group’s sales revenue increased by 7.8 percent year-on-year in the third quarter, to 205.4 million euros, and the company’s consolidated after-tax profit increased by 106 percent to 11.2 million euros, the logistics service company told MTI on Wednesday.

Earnings before interest and taxes (EBIT) increased by more than 23 percent in the third quarter of this year, and by 41.3 percent in the first nine months of the year, amounting to EUR 12.4 million and EUR 41.5 million, respectively.

At the online press conference following the publication of the quarterly financial report, Szabolcs Tóth, Deputy Chief Financial and Strategy Officer of Waberer’s International Plc., highlighted that in 2025, in addition to revenue growth, the emphasis was also placed on profitability, which is reflected in their EBIT indicators is.

He recalled that last year the full-year EBIT result was 43 million euros, and this year they approached this value in just 9 months.

Szabolcs Tóth confirmed the group’s previous expectations: they still plan to close 2025 with an EBIT result of over 50 million euros.

In a statement sent to MTI by the Waberer’s group, Chairman and CEO Zsolt Barna explained that they had taken significant steps towards further diversifying their activities and identifying new growth opportunities. They opened their 20,000 square meter warehouse in Slovakia, taking the first step towards providing warehouse logistics and production support services to automotive players with a significant presence in the region, also outside the borders of Hungary. They agreed with Budapest Airport Zrt. to participate in the further development of the region’s most dynamically developing air cargo hub, thus joining the service of air cargo traffic arriving in Hungary and the wider region.

Zsolt Barna added that Waberer’s Group has launched a joint development project with the Kazakh rail freight company KTZ Express within the framework of a strategic agreement to develop an intermodal terminal capable of supplying the whole of Europe, from where goods arriving by rail from Asia to Europe can efficiently reach end users in various European countries.

The announcement also covered the individual business lines, of which the logistics segment’s revenue in the third quarter was 165.4 million euros, compared to the first quarter of the year. amounted to EUR 485.3 million in the first nine months of 2019, down 2.6 and 5.3 percent respectively from a year earlier. The decrease in revenue was explained by the strategic focus change of the segment’s Polish subsidiary (LINK) and the 50 percent reduction in the LINK fleet size.

The insurance segment’s revenue in the third quarter amounted to EUR 40 million, almost double the year-ago figure. The business line’s nine-month revenue grew by almost 91 percent to EUR 117.5 million. The revenue increase is mainly due to the revenue of Posta Biztosítók, acquired at the end of 2024. The segment’s revenue this year was 17 percent from life insurance products, while 83 percent from non-life insurance products.

The Waberer’s Group is a leading European road logistics company with its own fleet and the leading comprehensive logistics service provider in Hungary. The group also has a dominant position in the field of insurance related to vehicles and transport on the Hungarian market. Waberer’s operates a modern fleet of 2,800 trucks, 18 locomotives, more than 1,000 railway wagons and 160 buses, and manages a modern warehouse of 1,275,000 square meters, thus having the largest logistics capacity in the region.

Waberer’s International Plc. is listed in the premium category of the Budapest Stock Exchange.