DGAP-News: RATIONAL AG / Key word(s): Half Year Results
RATIONAL AG: Success story continues
07.08.2012 / 07:00
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RATIONAL AG: Success story continues
- Sales up 13 percent after six months
- EBIT 18 percent up
- Numerous international awards
Landsberg, August 7, 2012. In spite of the international debt crisis
RATIONAL managed to continue dynamic growth in the first half of 2012. 'A
big advantage, especially in economically challenging times, is the savings
effect of our products at our customer from the first day on. In addition,
due to the broad regional diversification of our sales, we are less
dependent on developments in individual regions', explains Dr. Günter
Blaschke, CEO of RATIONAL AG.
Sales up 13 percent after six months
Sales rose by 13 percent compared to the previous year, from 180.2 million
euros to 204.4 million euros. After exchange rate adjustments, the increase
is 11 percent. The growth rates of about 30 percent in the Americas and
Asia are overproportionally high. 'Our subsidiary FRIMA, too, which has
invented and now markets the VarioCookingCenter MULTIFICIENCY(R) under its
own brand, is making a significant contribution to group growth thanks to
an above-average rise in sales of 30 percent in the first six months', Dr.
Blaschke sets out.
EBIT 18 percent up
The operating costs for research and development, sales and service, as
well as for general administration rose by 10 percent in the first six
months compared to the previous year to 69.0 million euros (2011: 63.0
million euros). Because of the underproportional cost increase, earnings
before interest and taxes (EBIT) stand at 53.7 million euros after six
months, 18 percent above the previous year (2011: 45.6 million euros).
The EBIT margin improved to 26 percent (2011: 25 percent).
Numerous international awards
In May 2012, RATIONAL received the Kitchen Innovations Award 2012 and the
Corporate Excellence Award 2012 for the high quality of its products,
services and of the company as a whole. In addition, at the 'Industriepreis
2012' the Landsberg-based company was awarded the prestigious title 'Best
of 2012' in the 'Production Engineering & Mechanical Engineering' category.
For artistic creativity, technical quality, trustworthiness and, above all,
the way that target groups are addressed the SelfCookingCenter(R)
whitefficiency(R) product film was presented with the intermedia-globe
SILVER award at the WorldMediaFestival in Hamburg and the 'Grand Prix
Victoria' in silver in the 'Marketing, Product and Process Information'
category at the 25th International Business Film Festival in Vienna.
Outlook for 2012 confirmed
'Given the stable growth forecasts for 2012 and the good business
development in the first six months, but also with an eye to the existing
uncertainties regarding future trends in the global economy, we are
confirming our forecast for 2012 as a whole of around 10 percent growth in
sales and earnings', Dr. Blaschke says.
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 over 1,200 people, of which more than 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 quality of RATIONAL's work.
|[![CDATA[|[pre|]]]|]
Q2 2012 Q2 2011 Change in %
Sales (in m EUR) 107.5 92.2 +17
EBIT (in m EUR) 30.8 25.3 +22
EBT (in m EUR) 30.7 25.4 +21
EPS (in EUR) 2.08 1.69 +23
|[![CDATA[|[/pre|]]]|]
|[![CDATA[|[pre|]]]|]
HY 2012 HY 2011 Change in %
Sales (in m EUR) 204.4 180.2 +13
EBIT (in m EUR) 53.7 45.6 +18
EBT (in m EUR) 53.7 45.8 +17
EPS (in EUR) 3.60 3.03 +19
|[![CDATA[|[/pre|]]]|]
End of Corporate News
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07.08.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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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 News DGAP News-Service
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180553 07.08.2012
DGAP-News: RATIONAL AG: Success story continues
| Source: EQS Group AG