RAC Targets 25% Full-Year Growth Amid Cost Inflation
1 report, 1 independent
Updated 00:00
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What happened
RAC management set a target of 25% full-year growth. The company reported strong second quarter performance, with revenue growing about 21%, primarily driven by Unitary Products. Management noted that cumulative cost inflation has been about 18% since January 2026.
From moneycontrol.com
Why it matters
The target suggests a healthy demand outlook, with management implying about 30% growth in the second half of the year. To mitigate costs, the company implemented about 13% price hikes and plans to adjust its product portfolio, including outsourcing entry-level products.
From moneycontrol.com
Who's involved
- RACCompany setting growth targets and managing cost inflation
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The entities involved
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RAC
Mexican appliances, computers, cell phones