RATIONAL AG / Key word(s): Preliminary Results/Weiteres Schlagwort
16.01.2012 08:00
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Report pursuant to § 15 WpHG
- Ad-hoc report -
RATIONAL AG
RATIONAL AG: Preliminary figures for fiscal 2011
- Technological Leadership further expanded in 2011
- Sales up by 12 percent
- 26 percent EBIT margin
Landsberg, January 16, 2012. According to preliminary calculations, the
RATIONAL group posted sales of 392 million euros in fiscal year 2011. This
equates to a growth of 12 percent compared to the previous year (350
million euros). All regions around the world contributed to this positive
development. The global market launch of our new product generations - the
SelfCookingCenter(R) whitefficiency(R) and the VarioCookingCenter(R)
multificiency(R) - was very successful. This is also reflected in the
expected record sales figure of 119 million euros in the fourth quarter of
2011.
Considerable one-off costs as future investments
The results in 2011 were negatively affected due to considerable one-off
costs of approximately 8 million euros for the 100 percent conversion of
the product portfolio in the seasonally-strong months in the fourth quarter
and for the extensive launch activities, especially in the emerging markets
in Asia, in India and in Latin America.
26 percent EBIT margin expected
In line with sales trends and taking into account the one-off costs,
RATIONAL is expecting earnings before interest and taxes (EBIT) of around
102 million euros (previous year 106 million euros). This equates to an
EBIT margin of 26 percent (previous year 30 percent). If the one-off
effects of the product launch, amounting to around 8 million euros, are
eliminated, the EBIT margin stands at around 28 percent.
More extensive details of group earnings with the final figures, an outlook
at expected business trends and the dividend proposal will be announced by
the company on March 27, 2012.
Contact:
RATIONAL Aktiengesellschaft
Dr. Günter Blaschke
Tel. +49 (0)8191) 327-364
Fax +49 (0)8191) 327-272
E-Mail: g.blaschke@rational-online.com
www.rational-online.com
Information for editors:
RATIONAL is the world market and technology leader for the thermal
preparation of food in professional kitchens. The company, founded in 1973,
employs about 1,200 people, of which about 700 are in Germany. Since the
IPO in 2000 RATIONAL was floated in the Prime Standard on the German stock
market and is currently listed on the MDAX.
The company's principal objective is to offer customers maximum benefit.
Internally RATIONAL is committed to the principle of sustainability,
expressed in its policies on environmental protection, leadership,
occupational safety and social responsibility. Numerous international
awards bear witness year on year to the high level of RATIONAL's work.
16.01.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: RATIONAL AG
Iglinger StraÃe 62
86899 Landsberg a. Lech
Germany
Phone: 0049 8191 327 2209
Fax: 0049 8191 327 722209
E-mail: s.arnold@rational-online.com
Internet: www.rational-online.com
ISIN: DE0007010803
WKN: 701080
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: RATIONAL AG: Preliminary figures for fiscal 2011
| Source: EQS Group AG