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RATIONAL AG

RAAG.DE

Latest Trade

609.50EUR

Change

5.00(+0.83%)

Volume

43,803

Today's Range

599.00

 - 

614.00

52 Week Range

377.20

 - 

740.00

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Rational Says Orders Down Significantly, Outlook Not Yet Possible

July 30 (Reuters) - Rational AG <RAAG.DE>::DGAP-NEWS: RATIONAL AG COMPLETELY REVAMPS RANGE AMID SEVERE CORONA IMPACT IN SECOND QUARTER.ORDER INTAKE STILL SIGNIFICANTLY DOWN ON PREVIOUS YEAR - FORECAST NOT YET POSSIBLE.BUSINESS MODEL INTACT - LONG-TERM OUTLOOK REMAINS POSITIVE.POSITIVE EBIT IN Q2 - EBIT MARGIN AT 9 PERCENT AFTER SIX MONTHS.SALES REVENUES DOWN 25 PERCENT IN FIRST HALF OF 2020 - DECREASE OF 43 PERCENT IN Q2.AFTER SIX MONTHS, SALES REVENUES WERE 25 PERCENT DOWN ON PREVIOUS YEAR. ORDER INTAKE IN JUNE AND JULY WAS DOWN ON PRIOR-YEAR FIGURES BY A SIMILAR PERCENTAGE.HOWEVER, GIVEN CURRENTLY VERY UNCLEAR NEWS SITUATION, COMPANY DOES NOT CONSIDER ITSELF IN A POSITION, EVEN NOW, TO MAKE A MEDIUM-TERM FORECAST OF HOW RELEVANT AREAS OF LIFE WILL CHANGE FOR GOOD, AND WHAT IMPACT THESE CHANGES WILL HAVE ON PERFORMANCE OF CUSTOMERS AND HENCE ON RATIONAL ITSELF.CRISIS IS EXPECTED TO LEAD TO A SHARP INCREASE IN HYGIENE AND EFFICIENCY REQUIREMENTS FOR PROFESSIONAL KITCHENS AND THEREFORE GIVE RATIONAL'S TECHNOLOGIES AN EVEN GREATER COMPETITIVE ADVANTAGE.SOME CUSTOMER SEGMENTS ARE SET TO BENEFIT FROM GOVERNMENT ASSISTANCE PROGRAMMES AT RECORD LEVELS.GLOBAL POTENTIAL FOR RATIONAL PRODUCTS WAS SLIGHTLY REDUCED DUE TO COVID-19 DEVELOPMENT BUT, ACCORDING TO CEO, REMAINS AT A HIGH LEVEL.DESPITE DRASTIC FALL IN SALES REVENUES, RATIONAL ACHIEVED A SLIGHTLY POSITIVE EBIT (EARNINGS BEFORE FINANCIAL RESULT AND TAXES) OF 1.6 MILLION EUROS AND AN EBIT MARGIN OF 1.4 PERCENT IN Q2.

Rational Expects Sales Drop In Q2, Says 2020 Forecast Not Possible

May 6 (Reuters) - Rational AG <RAAG.DE>::2020 OVERSHADOWED BY COVID-19 CRISIS.SLIGHT GROWTH IN JANUARY AND FEBRUARY.SLUMP IN ORDERS SINCE MARCH 2020.CURRENTLY NO FORECAST POSSIBLE FOR 2020.7% DROP IN SALES REVENUES - DECLINES IN ALL MAJOR REGIONS.GENERATED SALES REVENUES OF 181.3 MILLION EUROS IN Q1 OF 2020 (2019: 194.3 MILLION EUROS), 13.0 MILLION EUROS OR 7% LESS THAN PREVIOUS YEAR.MARKETS MAINLY HIT BY CORONAVIRUS-RELATED RESTRICTIONS WERE ASIA AND OUR HOME MARKET GERMANY, WHICH CONTRACTED BY 13% AND 14% RESPECTIVELY.EBIT (EARNINGS BEFORE FINANCIAL RESULT AND TAXES) IN FIRST THREE MONTHS OF CURRENT FISCAL YEAR WAS 26.0 MILLION EUROS, 44% BELOW FIGURE FOR PREVIOUS YEAR (2019: 46.7 MILLION EUROS).EBIT MARGIN WAS THEREFORE 14.3% (2019: 24.0%).ORDERS BEGAN DECLINING- DRAMATICALLY IN SOME CASES - AT BEGINNING OF MARCH AND WILL MAINLY BE REFLECTED IN SALES REVENUES FOR Q2.EXECUTIVE BOARD OF RATIONAL AG THEREFORE EXPECTS SALES REVENUES AND EARNINGS TO DROP SIGNIFICANTLY IN Q2.

Rational Says Declining Orders To Be Reflected In Q2 Revenues

April 30 (Reuters) - Rational AG <RAAG.DE>::DGAP-ADHOC: RATIONAL AG: 2020 OVERSHADOWED BY THE COVID-19 CRISIS - PRACTICALLY ALL CUSTOMER GROUPS UNDER STRAIN - PRELIMINARY KEY FIGURES FOR THE FIRST QUARTER OF 2020.Q1 REVENUE 181.3 MILLION EUR VERSUS 194.3 MILLION EUR YEAR AGO.DGAP-ADHOC: RATIONAL AG: 2020 OVERSHADOWED BY THE COVID-19 CRISIS - PRACTICALLY ALL CUSTOMER GROUPS UNDER STRAIN - PRELIMINARY KEY FIGURES FOR THE FIRST QUARTER OF 2020.SLUMP IN ORDERS SINCE MARCH 2020.UNCERTAIN TIMES - STILL NO FORECAST POSSIBLE FOR 2020.BUSINESS MODEL REMAINS INTACT - POSITIVE LONG-TERM OUTLOOK.EBIT IN FIRST THREE MONTHS REACHED 26.0 MILLION EUROS, 44 PERCENT LESS THAN PREVIOUS YEAR (2019: 46.7 MILLION EUROS).GROUP-WIDE ORDER INTAKE FELL BY 30 PERCENT IN MARCH AND 60 PERCENT IN APRIL COMPARED TO PREVIOUS YEAR.DECLINING ORDERS TO BE REFLECTED IN SALES REVENUES FOR Q2.EXPECTS SALES REVENUES AND EARNINGS TO DROP SIGNIFICANTLY IN Q2.CONCRETE OUTLOOK FOR GROWTH RATES AND EARNINGS IN COMING YEARS IS NOT POSSIBLE FROM CURRENT PERSPECTIVE.

Rational Reduces Proposed Dividend For 2019 To EUR 5.70 Per Share

March 30 (Reuters) - RATIONAL AG <RAAG.DE>::IS REDUCING THE PROPOSED DIVIDEND FOR FISCAL YEAR 2019 FROM 10.70 TO 5.70 EUROS PER SHARE.FURTHER COURSE OF CORONAVIRUS PANDEMIC AND ITS EFFECTS ON RATIONAL AG'S BUSINESS PERFORMANCE CANNOT BE FORESEEN AT MOMENT.STRICT COST-CUTTING PROGRAM IS UNDER WAY THROUGHOUT GROUP AND NO VACANT POSTS WILL BE FILLED.OPTION OF SHORT-TIME WORKING WILL BE USED WHERE POSSIBLE.BOARD RESERVE RIGHT TO REDUCE DIVIDEND FURTHER SHOULD RAPIDLY CHANGING SITUATION DEMAND SUCH A STEP.

Rational Says Impact Of Coronavirus On 2020 Is Not Currently Predictable, Reviews Dividend

March 24 (Reuters) - Rational AG <RAAG.DE>::DGAP-NEWS: RATIONAL AG: RATIONAL AG GROWS SUCCESSFULLY IN 2019 - IMPACT OF CORONAVIRUS ON 2020 NOT PREDICTABLE AT PRESENT, THEREFORE NO FORECAST IS POSSIBLE - LONG-TERM PROSPECTS REMAIN POSITIVE.FORECAST FOR 2020 NOT POSSIBLE.GROWS SUCCESSFULLY IN 2019.LONG-TERM PROSPECTS CONTINUE TO BE ASSESSED AS POSITIVE.RATIONAL INCREASED ITS SALES REVENUES BY 8 PERCENT OR 66 MILLION EUROS TO 844 MILLION EUROS (2018: 778 MILLION EUROS).2019 EBIT AMOUNTED TO 223 MILLION EUROS (2018: 205 MILLION EUROS).EBIT MARGIN AT 26.5 PERCENT (2018: 26.4 PERCENT).PRECAUTIONARY MEASURES DUE TO CORONAVIRUS ARE HITTING SOME RATIONAL CUSTOMERS HARD - PRODUCTION HAS NOT BEEN INTERRUPTED.AMOUNT OF DIVIDEND PROPOSAL OF 10.70 EUROS PER SHARE WILL BE REVIEWED.A NEW DIVIDEND PROPOSAL WILL FOLLOW IN DUE COURSE.ANNUAL GENERAL MEETING ON A SIGNIFICANTLY REDUCED SCALE.

Rational Confirms Provisional Sales Revenues And EBIT Figures For 2019

March 10 (Reuters) - Rational AG <RAAG.DE>::CONFIRMS PROVISIONAL SALES REVENUES AND EBIT FIGURES FOR SUCCESSFUL FISCAL YEAR 2019 REPORTED IN FEBRUARY..FY SALES REVENUES AMOUNTED TO 844 MILLION EUROS, 8 PERCENT UP ON PREVIOUS YEAR.2020 FORECAST ADJUSTED: LOW SINGLE-DIGIT SALES REVENUE GROWTH AND AN EBIT MARGIN OF 20 TO 25 PERCENT EXPECTED - MEDIUM-TERM FORECAST UNCHANGED.DIVIDEND OF 10.70 EUROS PER SHARE PROPOSED.

Rational FY Sales At EUR 844 Million

Feb 6 (Reuters) - RATIONAL AG <RAAG.DE>::POSTED SALES REVENUES OF 844 MILLION EUROS IN FISCAL YEAR 2019.FY EBIT MARGIN EXPECTED TO BE AT PREVIOUS YEAR'S LEVEL.BELIEVES THAT, AS BEFORE, COMPANY IS WELL PLACED TO KEEP ON GROWING SUCCESSFULLY IN FISCAL YEAR 2020.

Rational 9-Month EBIT At EUR 159.5 Mln

Oct 31 (Reuters) - RATIONAL AG <RAAG.DE>::RATIONAL AG CONTINUES ITS SUCCESSFUL PATH - GROWTH AND EARNINGS OUTLOOK FOR 2019 CONFIRMED.SALES REVENUES OF 612.6 MILLION EUROS WERE GENERATED IN FIRST NINE MONTHS OF 2019 (2018: 562.2 MILLION EUROS).EBIT (EARNINGS BEFORE FINANCIAL RESULT AND TAXES) OF 159.5 MILLION EUROS IN FIRST NINE MONTHS.BELIEVES COMPANY IS WELL PLACED TO KEEP ON GROWING SUCCESSFULLY IN Q4 OF 2019.CONFIRMS FORECAST OF SALES REVENUE GROWTH IN HIGH SINGLE-DIGIT RANGE FOR FISCAL YEAR 2019 AND AN EBIT MARGIN OF AROUND 26 PERCENT.

Rational Says Axel Kaufmann Resigns

Oct 11 (Reuters) - RATIONAL AG <RAAG.DE>::RESIGNATION OF DR AXEL KAUFMANN AS PER 31 DECEMBER 2019.AXEL KAUFMANN WILL RESIGN FROM HIS OFFICE AS A MEMBER OF RATIONAL EXECUTIVE BOARD AS OF 31 DECEMBER 2019.WILL LEAVE COMPANY AT HIS OWN REQUEST IN ORDER TO TAKE ON NEW PROFESSIONAL TASKS.CEO, PETER STADELMANN, WILL TAKE OVER TASKS OF DR AXEL KAUFMANN UNTIL FURTHER NOTICE..

Rational H1 EBIT Of EUR 98.2 Million

Aug 8 (Reuters) - Rational AG <RAAG.DE>::DGAP-NEWS: RATIONAL AG ON TRACK AFTER SIX MONTHS - GROWTH AND MARGINS AGAIN IN LINE WITH EXPECTATIONS.OUTLOOK CONFIRMED.SALES 2019 REVENUES AMOUNTED TO 399.4 MILLION EUROS IN FIRST SIX MONTHS OF 2019 (2018: 367.3 MILLION EUROS).EBIT MARGIN AT PREVIOUS YEAR'S LEVEL.H1 GROSS PROFIT OF 236.1 MILLION EUROS (2018: 215.3).EBIT (EARNINGS BEFORE FINANCIAL RESULT AND TAXES) STOOD AT 98.2 MILLION EUROS AFTER SIX MONTHS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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