RATIONAL AG - Earnings Release 2017

News Details

Ad-hoc | 11 July 2017 07:30

Rational AG raises sales forecast

RATIONAL AG / Key word(s): Change in Forecast

11-Jul-2017 / 07:30 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

RATIONAL AG / Key words: Change in forecast

July 11, 2017

Rational raises sales forecast

Landsberg a. Lech, July 11, 2017 – RATIONAL AG raises its target for business growth in its fiscal year 2017 to a range of now 11-13% compared to previous year. The current forecast of an EBIT margin between 26% and 27% remains unchanged and still valid.

After a good start already in the first quarter and whilst preparing half year financial statements as of June 30, 2017 the management team came to the conclusion that sold units and sales value are likely to slightly exceed the so far given outlook for 2017. This is supported by positive business conditions in general, a solid business development in most regions, and, especially, some large orders from North America.

Details of the second quarter financials will be published on August 8, 2017, as originally planned. In addition, a conference call for analysts in the afternoon of the same day will be scheduled. Invitations are yet to be sent separately.

Editorial Note:

The RATIONAL Group is the global market and technology leader for thermal food preparation in professional kitchens. The company, founded in 1973, employs more than 1,800 people, around 900 of whom are located in Germany. Rational went public in the Prime Standard of the German stock market in 2000 and is currently part of the MDAX. The company’s principal objective is to offer maximum customer benefit at all times. RATIONAL is committed to the principle of sustainability, which is expressed in its policies on environmental protection, leadership, job security and social responsibility. Numerous international awards bear witness to the high quality of the work done by RATIONAL’s employees year over year.

Contacts:

Stefan Arnold, Investor Relations; Axel Kaufmann, CFO

Phone +49 8191 327 2209 ; [email protected]

11-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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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:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange