Brief: Rational Sees 2022 Sales Revenue Growth Of 23-28%

Rational AG

03/11/2022 06:04

Nov 3 (Reuters) - RATIONAL AG  RAAG.DE :
    * SALES REVENUES UP 25 PERCENT AFTER NINE MONTHS – EBIT
MARGIN AT
22 PERCENT
    * SALES REVENUES RISE BY 25 PERCENT IN FIRST NINE MONTHS OF
2022
TO A NEW ALL-TIME HIGH OF 732 MILLION EUROS
    * Q3 SEES HIGHEST SALES REVENUES AND EBIT IN COMPANY'S
HISTORY
    * FORECAST FOR 2022: SALES REVENUE GROWTH OF 23 PERCENT TO
28
PERCENT AND EBIT MARGIN OF 21.5 PERCENT TO 22.5 PERCENT
    * DESPITE PERSISTENT COST PRESSURE, EBIT MARGIN AT 26
PERCENT IN
Q3 AND AT 22 PERCENT IN FIRST NINE MONTHS
    * RATIONAL AG - AT 274.2 MILLION EUROS (2021: 206.9 MILLION
EUROS), RATIONAL'S THIRD-QUARTER SALES REVENUES WERE AT A NEW
ALL-TIME HIGH, UP 33 PERCENT ON PRIOR-YEAR QUARTER
    * EBIT IN FIRST NINE MONTHS OF CURRENT FISCAL YEAR WAS 163.4
MILLION EUROS, UP AROUND 22 PERCENT ON PREVIOUS YEAR (2021:
134.1 MILLION EUROS)

Source text for Eikon:  ID:nEQ9jKtFra 
Further company coverage:  RAAG.DE 
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