Ad-hoc | 7 May 2002 14:13
Rational AG
english
Rational has Double Digit Increase in Turnovers – Profits Grow
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Rational has Double Digit Increase in Turnovers – Profits Grow
Disproportionately
Landsberg am Lech, 6. May 2002: With a turnover increase of 10.3 per cent,
RATIONAL AG has successfully closed the first quarter of 2002. The world market
leader iIn large kitchen appliances designed for the thermal preparation of
food increased its turnovers to 40.2 million Euros and thus asserted itself
once more against the market trend. The outcome, which was 6.0 million Euros
before taxes and interest, has disproportionately increased by 16.6 percent
Particularly encouraging were the developments of business in the markets that
are strategically important for the future, the USA and Japan. With an increase
of 46 per cent, the American subsidiary was able to considerably improve its
competitiveness in a stagnating market environment. Despite the lasting
recession in Japan and the weakening of the Yen, the turnover there in the
first quarter achieved an increase of 25 per cent.
The Chairman of the Board, Dr. Günter Blaschke, credited the first quarter
success to a considerable increase in efficiency in sales and marketing, as
well as in production: “The most modern production methods with a minimal
capital contribution, as well as a higher quality of product are the basis for
a continuous improvement of our market position. The good start in the first
quarter of 2002 has us optimistic for the achievement of our yearly goals.”
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 07.05.2002
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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
071413 Mai 02