RATIONAL AG — Earnings Release 2000

Feb 21, 2001

News Details

Ad-hoc | 21 February 2001 11:26

Ad hoc-Service: Rational AG english

Ad-hoc announcement precessed and sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– RATIONAL AG: Accelerated sales growth in 2000 Landsberg, 21 February 2001: RATIONAL group sales rose sharply in the financial year 2000, with a 17% increase to 299 Mio DM (previous year 256 Mio DM), marking a further increase in the company’s solid rate of organic growth. RATIONAL grew by 10% in 1998 and by 15% in 1999. RATIONAL has grown much faster than the market, and was therefore able to increase its market share from 41% to 44%. RATIONAL is the worldwide market leader in cooking technology for large and commercial kitchens up to haute cuisine. The company’s globalisation was further strengthend with an increase of exports from 76% to 78%. The biggest successes were posted by RATIONAL owned subsidiaries, which grew well above average with rates of 32% compared to 17% in the group. In the strategic markets USA and Japan, RATIONAL achieved growth rates of 74% and 38% respectively. Overall the sales share of subsidiaries within group sales rose significantly from 41 to 46%. In 2000, four subsidiaries were new founded in Canada, Spain, South Korea and Argentina/Chile. Erich Baumgärtner CFO Beatrix Melis Investor Relations Tel: ++49 81 91/3270 Fax: ++49 81 91/327272 RATIONAL AG Iglinger Strasse 62 86899 Landsberg am Lech end of Ad hoc-announcement, (c) DGAP 21.02.2001 ———————————————————————– WKN: 701 080; Index: SMAX Listed: Geregelter Markt in Frankfurt ;Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München, Stuttgart 211126 Feb 01