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RATIONAL AG — Earnings Release 2012
Mar 20, 2013
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Earnings Release
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Corporate | 20 March 2013 09:30
RATIONAL AG: New records
RATIONAL AG / Key word(s): Final Results
20.03.2013 / 09:30
Press Release
RATIONAL AG: New records
– 11 percent sales growth, 20 percent growth in earnings
– Dividend of 5.70 euros
– Best Innovator 2012/2013
Landsberg, March 20, 2013 RATIONAL successfully continued its global growth in fiscal year 2012. Sales rose by 11 percent from 391.7 million euros to 435.0 million euros. All regions around the globe contributed to this rise in sales, with the overseas markets of the Americas (+27 percent) and Asia (+26 percent) exhibiting the most dynamic development. In Germany, the world's highest-volume individual market, the business set a new sales record, with over 7,000 units sold. 'One major reason for the very positive business trend overall is that our new product lines – the SelfCookingCenter(R) whitefficiency(R), the CombiMaster(R) Plus and the VarioCooking Center MULTIFICIENCY(R) – have established themselves as the new performance standard for professional kitchens', explains
RATIONAL CEO Dr. Günter Blaschke.
20 percent growth in earnings, 28 percent EBIT margin
Earnings before interest and taxes (EBIT) climbed 20 percent from 102.2 million euros to 122.7 million euros. The EBIT margin rose to 28 percent (2011: 26 percent). Earnings after tax rose by 18 percent from 78.7 million euros to 93.3 million euros compared to the previous year. This equates to a profit per share of 8.20 euros (2011: 6.93 euros).
Dividend of 5.70 euros proposed
In order for shareholders to share in the company's success once more as appropriate, the Supervisory Board and Executive Board have decided to propose to the General Meeting of Shareholders on May 8, 2013 to distribute a dividend from 5.70 per share (2011: 5.50 euros).
Best Innovator 2012/2013
The RATIONAL innovation process was adjudged by a distinguished jury of experts, comprising representatives from business consultants A.T. Kearney, the Fraunhofer Institute and WirtschaftsWoche magazine, to be the overall winner of the 'Best Innovator 2012/2013' competition. The main criteria assessed looked at how deeply the culture of innovation was entrenched in the corporate organisation, the innovation strategy, the sustainability of innovation management and the resultant success in terms of innovation.
This award places RATIONAL among the ranks of successful global enterprises such as Henkel, Volkswagen and BMW, all winners of this accolade in past years.
'We are especially proud that our new innovation process has been acknowledged and singled out as 'Best Practice' by a jury of such distinguished experts. It also spurs us on to continue to offer our global customers maximum benefit going forward. In doing so, we will at the same time succeed in continuously expanding our technological edge and our world market leadership year on year', says Dr. Blaschke.
Growth expected to continue
Despite existing uncertainties and risks, economic experts expect to see continued solid growth in the global economy for the years ahead. 'Against this backdrop, and also in view of the very positive acceptance of our products and the large untapped global market potential, we believe we can continue our successful growth policy for sales and earnings in 2013', Dr. Blaschke is optimistic.
Contact:
RATIONAL Aktiengesellschaft
Dr. Günter Blaschke
Tel. +49 (0)8191 327-364
Fax +49 (0)8191 327-272
E-Mail: [email protected]
www.rational-online.com
Information for editors:
RATIONAL is the world market and technology leader for the thermal preparation of food in professional kitchens. The company, founded in 1973, employs over 1,200 people, of which more than 700 are in Germany. Since the IPO in 2000
RATIONAL was floated in the Prime Standard on the German stock market and is currently listed on the MDAX.
The company's principal objective is to offer customers maximum benefit. Internally RATIONAL is committed to the principle of sustainability, expressed in its policies on environmental protection, leadership, occupational safety and social responsibility. Numerous international awards bear witness year on year to the high quality of RATIONAL's work.
| 2012 | 2011 | Change in % | |
| Sales (in m EUR) | 435.0 | 391.7 | +11 |
| EBIT (in m EUR) | 122.7 | 102.2 | +20 |
| EBT (in m EUR) | 122.4 | 102.5 | +19 |
| EPS (in EUR) | 8.20 | 6.93 | +18 |
End of Corporate News
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| Language: | English |
| Company: | RATIONAL AG |
| Iglinger Straße 62 | |
| 86899 Landsberg a. Lech | |
| Germany | |
| Phone: | 0049 8191 327 2209 |
| Fax: | 0049 8191 327 722209 |
| E-mail: | [email protected] |
| Internet: | www.rational-online.com |
| ISIN: | DE0007010803 |
| WKN: | 701080 |
| Indices: | MDAX |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP News-Service |
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