Ad-hoc | 25 March 2002 08:29
Rational AG
english
RATIONAL Grows Two-Digit – One Euro Dividend Proposed
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Successful against the trend:
RATIONAL Grows Two-Digit – One Euro Dividend Proposed
Landsberg, 25 March 2002: The RATIONAL AG successfully countered the global
recession in last year. Compared to financial year 2000, sales increased by ten
percent from 153 million euros to 167 million euros. The world market share
could be significantly expanded from 44 to 46 percent. The company therefore
reconfirmed its position as the market leader for equipment for thermal food
preparation.
Simultaneously, the group profit increased by 19 percent from 17.5 to 20.8
million euros. The operative cash flow increased by 23 percent from 16.0 to
19.7 million euros. As in past years, the high gross return on sales of 19
percent was earned in 2001 again. “This success reconfirms the stable, organic
growth dynamics of our company,” says Dr. Günter Blaschke, Chairman of the
Management Board of RATIONAL AG.
With the approval of the Annual General Meeting on 8 May 2002, a dividend of one
euro per share will be paid to shareholders. The dividend will therefore
increase by 54 percent compared to the previous year.
Further growth announced: Only 18 percent of world market potential exploited
RATIONAL technologies make a decisive contribution to the modernization of the
production process in professional kitchens. More than 85 million meals are
already prepared worldwide every day with the RATIONAL combination steamers. A
total of about 2.5 million potential customers exist, of which only 18 percent
already possess combination steamers. Large regional markets in Europe, America
and Asia have only just been entered. “We are very optimistic about being able
to continue on our successful course,” says Dr. Blaschke. “If the economic
conditions improve again, we see 2002 as offering even better opportunities for
increasing our sales and profits by a significant double-digit figure.”
contact:
RATIONAL Aktiengesellschaft
Erich Baumgärtner
Tel. (0 81 91) 32 74 20
Fax (0 81 91) 32 72 72
E-Mail: e.baumgaertner@rational-online.de
end of ad-hoc-announcement (c)DGAP 25.03.2002
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WKN: 701 080; ISIN: DE0007010803; Index: SDax
Listed: Geregelter Markt in Frankfurt (SMAX); Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, München, Stuttgart
250829 Mär 02