DGAP-News: RATIONAL AG / Key word(s): Quarter Results
RATIONAL AG continues to grow successfully
06.05.2015 / 07:00
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Press release
RATIONAL AG continues to grow successfully
- 24 percent growth in sales in the first quarter of 2015
- 28 percent EBIT margin
- Forecast confirmed
Landsberg, 6 May 2015. RATIONAL AG posted consolidated sales of
124.7 million euros (previous year: 100.8 million euros) in the first
quarter of 2015, thus successively continuing its growth trend of the past
years. Sales rose by 24 percent year on year.
Worldwide growth
The growth drivers of business in the year to date included the domestic
market Germany (+18 percent) and the rest of Europe (+12 percent), as well
as the overseas regions. Sales in the Americas were 63 percent higher year
on year and rose sharply in Latin America in particular. Asia also
performed well compared to the previous year (+37 percent), with all
regions contributing with positive sales trends.
One reason for the strong percentage increase in sales in the first quarter
of 2015 apart from the good business performance was also the somewhat
weaker first quarter of 2014. Currency effects also had a positive impact
on sales. In particular, the US dollar and pound sterling were stronger
against the euro. Adjusted for the positive currency effect, sales growth
stands at 19 percent.
28 percent EBIT margin in the first quarter of 2015
EBIT (earnings before interest and taxes) reached 35.0 million euros, 69
percent above the previous year (20.7 million euros). The EBIT margin after
three months was 28 percent (previous year: 21 percent). Translation
effects on foreign currency positions resulted in a positive impact on
EBIT. They led to a 5.8 million euro increase in EBIT for the first three
months, after these effects had caused a 0.2 million euro reduction in the
same quarter of the previous year.
After exchange rate adjustments, EBIT was 4.8 million euros (+23 percent)
up on the previous year, while the EBIT margin remained at 21 percent.
Presentation of the "Global Excellence in Operations" award
RATIONAL captured the "Global Excellence in Operations" award in the most
traditional benchmark competition for the manufacturing industry in
Germany. In particular, the jury was impressed by the company's focus on
customer benefit, systematic implementation of lean management at Landsberg
and its consistent process organisation.
Forecast confirmed
"Given our business performance to date, we can confirm our forecast of a
continued positive sales and earnings performance for the fiscal year
2015", said Dr Stadelmann, CEO of RATIONAL AG.
Contact person:
RATIONAL Aktiengesellschaft
Dr Peter Stadelmann
Tel. +49 (0)8191 327-3309
Fax +49 (0)8191 327-272
E-mail: p.stadelmann@rational-online.com
www.rational-online.com
Editorial note:
The RATIONAL Group is the global market and technology leader for thermal
preparation of food in professional kitchens. The company, founded in 1973,
employs more than 1,400 people, around 800 of whom are in Germany. RATIONAL
was floated in the Prime Standard of the German stock market in 2000 and is
currently represented in the SDAX.
The company's principal objective is to offer maximum customer benefit at
all times. Internally RATIONAL is committed to the principle of
sustainability, which is expressed in its policies on environmental
protection, leadership, job security and social responsibility. Numerous
international awards bear witness to the high quality of RATIONAL's work
year on year.
<pre>
Q1 2015 Q1 2014 Percentage change
Sales (m EUR) 124.7 100.8 +24
EBIT (m EUR) 35.0 20.7 +69
EBT (m EUR) 34.9 20.6 +69
EPS (EUR) 2.34 1.38 +70
</pre>
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06.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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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: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart
End of News DGAP News-Service
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353141 06.05.2015
DGAP-News: RATIONAL AG continues to grow successfully
| Source: EQS Group AG