PPT Armature a.d.
BBELEX:PPTA250.00
RSD
-20.00
(-7.41%)
ISIN
RSARALE71870
Return %
Stock
S&P 500
1Y
-50.00
14.20
3Y
-45.65
81.12
5Y
-46.00
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Aleksandrovac Serbia
- Website
- armature.rs
- Similar Companies
- Business
- PPT Armature a.d. Aleksandrovac is a Serbian engineering and manufacturing enterprise specializing in the development, production, and distribution of fluid power connection components, pipe fittings, and precision hydraulic and pneumatic equipment. Founded in 1965 and headquartered in Aleksandrovac, Serbia, the company operates as a publicly listed joint-stock entity on the Belgrade Stock Exchange under the ticker symbol PPTA. The company operates within the industrial machinery, automotive components, and fluid power systems sectors. Its product portfolio comprises high-pressure hydraulic and pneumatic tube connectors manufactured in accordance with ISO 8434-1 and DIN 2353 standards across very light, light, and heavy series; adjustable and non-adjustable tube fittings for metric and inch-standard piping; high-pressure ball shut-off valves and non-return check valves; ORFS (ISO 8434-3) O-ring face seal fittings and JIC 37-degree flare adaptors engineered for zero-leakage fluid systems; industrial and commercial vehicle brake pneumatic connectors; test point couplings and pressure gauge connection adaptors; hydraulic flanges, weld nipples, and reducers; and specialized Webeo connectors engineered for railway brake and suspension assemblies. In addition to standard connection hardware, the company provides custom metal processing services through its in-house forging facility, manufacturing custom-shaped hot forgings in carbon steel, stainless steel, and brass for unit weights up to five kilograms. PPT Armature serves original equipment manufacturers (OEMs) and aftermarket distributors across multiple industries, including automotive and commercial road vehicles, railway transport, agricultural and forestry machinery, construction and earthmoving equipment, shipbuilding, energy generation, and general mechanical engineering. The company maintains an export-focused orientation, supplying clients across Europe, Asia, and Africa alongside its domestic market in Serbia. In recent corporate and operational developments, PPT Armature has focused on quality standardizations, operational optimization, and governance adjustments. The company attained certification under the IATF 16949:2016 automotive quality management system standard in 2024 with validity extending through 2027, ensuring alignment with tier-one automotive supply chain requirements. To address shifts in European industrial demand and fluctuating manufacturing revenues, the enterprise has implemented cost-containment measures and modernized production scheduling across its machining and forging units. On the corporate governance front, the company has updated its supervisory board composition, reappointed statutory auditing oversight, and managed shareholder relations following the formal establishment of the Association of Minority Shareholders of PPT Armature A.D. in late 2024.