Brief: Rational Says Q3 Sales Revenue Up 23% On Previous Year

Rational AG

03/11/2021 06:06

Nov 3 (Reuters) - Rational AG  RAAG.DE :
    * RATIONAL AG GENERATES RECORD NEW ORDERS IN THE FIRST NINE
MONTHS
- SUPPLY BOTTLENECK HAS ADVERSE EFFECT ON DELIVERIES
    * NEW ORDERS AT RECORD HIGH
    * THIRD-QUARTER SALES REVENUES UP 23 PERCENT ON PREVIOUS
YEAR -
+26 PERCENT AFTER NINE MONTHS
    * SALES REVENUES OF 207 MILLION EUROS IN Q3 OF 2021
    * EBIT MARGIN OF 24 PERCENT IN Q3 - 23 PERCENT AFTER NINE
MONTHS
    * GENERATED SALES REVENUES OF 206.9 MILLION EUROS IN Q3
    * ASSUMES THAT CURRENT POSITIVE TREND WILL CONTINUE IN
MEDIUM TERM
    * CONSIDER SALES REVENUE GROWTH OF 15 TO 20 PERCENT AND AN
EBIT
MARGIN OF AROUND 20 PERCENT TO BE REALISTIC

Further company coverage:  RAAG.DE 

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