Rationality

EQS-News: Rational AG: Sales revenues up 25 percent in the first quarter

Retrieved on: 
Thursday, May 4, 2023

At 282.4 million euros (2022: 225.3 million euros), RATIONAL’s sales revenues in the first quarter of 2023 are 25 percent higher than in the prior-year quarter.

Key Points: 
  • At 282.4 million euros (2022: 225.3 million euros), RATIONAL’s sales revenues in the first quarter of 2023 are 25 percent higher than in the prior-year quarter.
  • Cost of sales increased more slowly than sales revenues in the first three months, up 22 percent to 125.1 million euros (2022: 102.5 million euros).
  • While sales revenues rose by 25 percent year-on-year, the company’s operating costs were only 18 percent up on the prior-year period.
  • We also expect sales revenues in the subsequent quarters to be roughly at the same level as in the first quarter.

EQS-News: Rational AG fiscal year 2022: sales revenues grow by 31 percent to break the one billion euro mark for the first time – significant increase in EBIT margin to 23.2 percent

Retrieved on: 
Tuesday, March 28, 2023

Rational AG fiscal year 2022: sales revenues grow by 31 percent to break the one billion euro mark for the first time – significant increase in EBIT margin to 23.2 percent

Key Points: 
  • Rational AG fiscal year 2022: sales revenues grow by 31 percent to break the one billion euro mark for the first time – significant increase in EBIT margin to 23.2 percent
    The issuer is solely responsible for the content of this announcement.
  • At 62 percent, growth in sales revenues in Latin America was even slightly higher, albeit at a lower level in absolute terms.
  • Cost of sales increased more slowly than sales revenues by 30 percent to 457.3 million euros in 2022 (2021: 350.5 million euros).
  • In addition, we have made strategic investments and therefore expect EBIT to increase slightly slower than sales revenues,” explains CFO Walter.

Guidewire Debuts in 23rd Position on the Forbes America’s Best Midsize Employers 2023 List

Retrieved on: 
Wednesday, March 15, 2023

Guidewire (NYSE: GWRE) announced it has ranked number 23 out of 500 companies on the Forbes list of America’s Best Mid-Size Employers 2023 .

Key Points: 
  • Guidewire (NYSE: GWRE) announced it has ranked number 23 out of 500 companies on the Forbes list of America’s Best Mid-Size Employers 2023 .
  • This prestigious recognition is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.
  • “We are honored to be included on this year’s Forbes America’s Best Midsize Employers List,” said Sinéad Condon, Chief People Officer, Guidewire.
  • Across 25 industry sectors, 1000 employers have been awarded, 500 large employers and 500 midsize employers.

EQS-News: Rational AG: sales revenues up 25 percent after nine months – EBIT margin at 22 percent

Retrieved on: 
Monday, November 7, 2022

At 274.2 million euros (2021: 206.9 million euros), Rationals third-quarter sales revenues were at a new all-time high, up 33percent on the prior-year quarter.

Key Points: 
  • At 274.2 million euros (2021: 206.9 million euros), Rationals third-quarter sales revenues were at a new all-time high, up 33percent on the prior-year quarter.
  • After three quarters, the companys accumulated sales revenues stood at 731.9 million euros, 25percent more than in the previous year (2021: 586.3 million euros).
  • Cost of sales increased faster than sales revenues in the first nine months, up 30percent to 334.6 million euros(2021: 258.1 million euros).
  • Assuming a similar cost base, the increase in sales revenues will also have a positive impact on the EBIT margin.

Henry Hoffman, Partner at SL Advisors, Joins Skillz Board of Directors

Retrieved on: 
Friday, August 5, 2022

Skillz (NYSE: SKLZ), the leading mobile games platform bringing fair competition to players worldwide, today announced that Henry Hoffman, Partner and Portfolio Manager at SL Advisors, has joined its Board of Directors.

Key Points: 
  • Skillz (NYSE: SKLZ), the leading mobile games platform bringing fair competition to players worldwide, today announced that Henry Hoffman, Partner and Portfolio Manager at SL Advisors, has joined its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20220805005407/en/
    Henry Hoffman Joins Skillz Board of Directors (Photo: Business Wire)
    Were thrilled for Henry Hoffman to bring his extensive experience in the financial services industry to our board as Skillz is building for profitable growth, said Andrew Paradise, CEO of Skillz.
  • Henry Hoffman is a Partner at SL Advisors and Portfolio Manager of the SL Advisors MLP & Infrastructure SMA strategies.
  • I am honored to join the board and be part of the companys journey ahead, said Henry Hoffman.

DGAP-News: Rational AG: strongest half year in terms of sales revenues – nevertheless cautious

Retrieved on: 
Wednesday, August 3, 2022

As in the first quarter, Rational was again affected by the low availability of processors (CPUs) in the second quarter of 2022.

Key Points: 
  • As in the first quarter, Rational was again affected by the low availability of processors (CPUs) in the second quarter of 2022.
  • Sales revenues by product group: iVario defies supply difficulties and grows by 50 percent
    Both product groups of the Rational Group contributed to growth.
  • In the iCombi product group, sales revenues were up 17 percent year on year in the first half of 2022, at 395.1 million euros (2021: 337.6 million euros).
  • In the iVario product group, sales revenues rose by 50 percent to a new record level of 62.6 million euros (2021: 41.7 million euros).

DGAP-News: RATIONAL AG: Appointment of Dr-Ing Martin Hermann as Chief Technical Officer

Retrieved on: 
Monday, July 25, 2022

Landsberg am Lech, 25July2022 The Supervisory Board of Rational AG has appointed Dr-IngMartin Hermann as Chief Technical Officer with effect from 1 September 2022.

Key Points: 
  • Landsberg am Lech, 25July2022 The Supervisory Board of Rational AG has appointed Dr-IngMartin Hermann as Chief Technical Officer with effect from 1 September 2022.
  • Previously DrHermann was Member of the Board and CTO/COOat Hauni Maschinenbau GmbH Hamburg, founding company and partof Krber AG, since 2012.
  • There he held global responsibility for research and development as well as for production, supply chainand quality management.
  • MrWalter Kurtz, Chairman of the Supervisory Board of Rational AG, is pleased "that we have been able to gain a successful and experienced Chief Technical Officer in DrHermann.

DGAP-News: Rational to begin controlled exit from Russian market

Retrieved on: 
Tuesday, June 7, 2022

Rational has made this decision in response to the economic and political developments resulting from the Russian war in Ukraine.

Key Points: 
  • Rational has made this decision in response to the economic and political developments resulting from the Russian war in Ukraine.
  • The company's withdrawal will be gradual and controlled so that it can continue to meet existing customer and employee obligations.
  • At the beginning of March 2022, Rational acted of its own volition to suspend the delivery of cooking systems to Russia.
  • In terms of financial implications, Rational is confident that losing the Russian market will not have a significant impact on business results.

DGAP-News: WashTec AG: Changes on the WashTec AG Supervisory Board

Retrieved on: 
Monday, May 16, 2022

Jens Groe-Allermann and Dr. Sren Hein are no longer standing for the WashTec AG Supervisory Board after ten years of successful and distinguished service.

Key Points: 
  • Jens Groe-Allermann and Dr. Sren Hein are no longer standing for the WashTec AG Supervisory Board after ten years of successful and distinguished service.
  • Contributing with help and advice as active members of the Supervisory Board, they have been instrumental in shaping WashTecs development.
  • On behalf of the Supervisory Board and the Management Board, I would like to express deepest respect and appreciation for all they have done, said Dr. Gnter Blaschke, Chairman of the Supervisory Board of WashTec AG, paying tribute to them in his speech.
  • Today, Monday, the Annual General Meeting of WashTec AG appointed two new members Peter Wiedemann and Heinrich von Portatius to the Companys Supervisory Board.

DGAP-News: Rational AG records second highest quarterly sales revenues in the company’s history in first quarter of 2022

Retrieved on: 
Wednesday, May 11, 2022

Landsberg am Lech, 11 May 2022 Strong demand continues unabated in the first quarter of 2022.

Key Points: 
  • Landsberg am Lech, 11 May 2022 Strong demand continues unabated in the first quarter of 2022.
  • Sales revenues of 225.3 million euros (2021: 167.7 million euros) made the first quarter of 2022 the second best in the companys history.
  • The only time Rationals sales revenues were higher was in the last pre-crisis quarter (Q4 2019).
  • Thanks to strong sales revenue growth in the first quarter, Rational confirms the outlook for full-year 2022.