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RAA Rational AG News Story

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Consumer CyclicalsBalancedLarge CapHigh Flyer

Rational soars on better-than-expected FY results

Updates share move, milestone, adds analyst comment

** Shares of Rational RAAG.DE soar around 10% and are on track for a best day since September 2022 after better-than-expected FY results

** The German kitchen equipment supplier reports Q4 revenue up 6% y/y at 1.26 bln euros ($1.49 bln), with EBIT at 333 mln euros, up 6% y/y

** Fraser Donlon, analyst at Berenberg, pointed to organic sales growth beating expectations and EBIT results giving "significant relief" amid tariff concerns

** The print can be still seen as "encouraging" as the company expects further growth, regardless of no quantitative forecasts, a local trader said

** Rational sits at the top of the German mid-cap index .MDAXi

($1 = 0.8483 euros)

 (Reporting by Simon Ferdinand Eibach, Tristan Veyet, Danny Callaghan)

 ((Simonferdinand.eibach@thomsonreuters.com))

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