DGAP-News: RATIONAL AG: 650 million euros sales revenues and 16 percent EBIT margin
Landsberg am Lech, 24 March 2021 Rational generated sales revenues of 650 million euros in fiscal year 2020.
- Landsberg am Lech, 24 March 2021 Rational generated sales revenues of 650 million euros in fiscal year 2020.
- The drop in sales revenues led to a significant decline in earnings before financial result and taxes (EBIT) in 2020, which amounted to 107 million euros (2019: 231 million euros).
- Dr Stadelmann believes that an even sharper fall in sales revenues was prevented by the complete renewal of the two generations of appliances.
- For 2021, the Executive Board expects a slight increase in sales revenues and an EBIT margin at approximately the prior-year level.