Ad-hoc | 27 April 2001 11:07
Ad hoc-Service: Rational AG
english
Ad hoc announcement processed and transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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RATIONAL continues strong growth trend despite the slow-down in the global
economy
19% sales growth in the first quarter
Technology lead increased still further
Capacity extension in Landsberg
RATIONAL AG continued its dynamic growth in the first three months of 2001.
Against the background of a slow-down in the global economy, group sales rose
strongly by around 19% to EUR 36.5 million (EUR 30.8 million). The positive
sales trend shows that RATIONAL products, which are highly cost-effective and
so pay for themselves in just 4 – 12 months, have excellent sales potential
even in economically difficult times.
The technology lead and the competitiveness of our products have been enhanced
even further by the introduction of internationally unique innovations in the
first quarter. CombiCheck(R), an intelligent early-recognition system for
faults with online troubleshooting, guarantees maximum operational reliability
and lower service costs. The patented UltraVent(R) condensation exhaust system
absorbs the steam and cooking smells produced during cooking, thereby doing
away with the need for special air discharge installations.
Rapidly increasing demand has prompted us to expand our production capacity
from the current 20,000 appliances a year to 30,000 units. The new production
facilities in Landsberg will be coming on stream shortly.
For 2001, RATIONAL’s Managing Board expects planned sales growth of 15% to
EUR 176 million and the planned 14% increase in EBIT to EUR 33 million to be
achieved.
Contact:
RATIONAL AG
Erich Baumgärtner Beatrix Melis
Finance Director Investor Relations
Phone: ++49/ 8191/ 327-0 Phone: ++49/ 8191/ 327-0
end of ad hoc announcement, (c) DGAP 27.04.2001
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WKN: 701 080; Index: SDax
Listed: Geregelter Markt in Frankfurt (SMAX); Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, München, Stuttgart
271107 Apr 01