Rational Aktiengesellschaft · XETR:RAA
Rational Aktiengesellschaft — Rational — Q1 2025 Earnings Presentation
16 slides from Rational Aktiengesellschaft's earnings presentation, May 6, 2025
Slide 1: 25 years of success on the stock exchange – Earnings Call Q1 2025
25 years of success on the stock exchange. . Thanks to innovation and stability. Earnings Call Q1 2025 Landsberg am Lech, 6 May 2025
Slide 2: Agenda
Agenda RATIONAL AG | Q1 2025 Earnings Call 03 Looking back at Q1 2025 Housekeeping: 06 Figures. Facts. Data. All participants remain muted. 14 Outlook 2025 Please send questions to ir@rational-online.com All questions will be answered after the presentation. A replay of the call will be distributed
Slide 3: Current situation of tariffs
Current situation of tariffs General information, current developments, and plans Production sites What measures are in place? iCombi: Landsberg, Germany • Monitoring the volatile situation iVario: Wittenheim, France closely Suppliers: More than 95% European • No premature price adjustments What is
Slide 4: PC Tank, Luxembourg
PC Tank Luxembourg 4
Slide 5: We produce high-quality food, and we need high-quality equipment
"We produce high-quality food, and we need high- “ quality equipment to do so.” Nathalie Höft Assistant Retail Manager | PC Tank
Slide 6: Figures. Facts. Data.
Figures. Facts. Data. Q1 2025
Slide 7: Strong sales performance in 2024
Strong sales performance in 2024 Sales revenues increased by 6% to 1,194 million euros in 2024 +6% +10% +31% 1,194 1,126 -23% 1,022 +20% 844 780 650 2019 2020 2021 2022 2023 2024 6 May 2025 | RATIONAL AG | Earnings Call Q1 2025 7 Sales revenues in m EUR | Year-on-year sales growth
Slide 8: Sales revenues by quarter
Sales revenues by quarter Q1 2025 – Return to normal seasonality expected +3% 318 286 295 295 294 2024 2025 2024 2025 2024 2025 2024 2025 Q1 Q2 Q3 Q4 6 May 2025 | RATIONAL AG | Earnings Call Q1 2025 8 Sales revenues in m EUR | Year-on-year sales growth
Slide 9: Sales revenues by region
Sales revenues by region Americas and Europe spur growth North America +11% Germany Asia 69 +2% -20% 62 42 30 30 34 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Europe +7% 129 120 Latin America Rest of the World +1% +4% 15 15 18 18 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 6 May 2025 | RATI
Slide 10: Sales revenues by product group
Sales revenues by product group iVario with higher growth than iCombi iCombi +2% 256 262 iVario +10% 31 34 Q1 2024 Q1 2025 Q1 2024 Q1 2025 6 May 2025 | RATIONAL AG | Earnings Call Q1 2025 10 Sales revenues in m EUR | Year-on-year sales growth
Slide 11: Strong EBIT performance
Strong EBIT performance EBIT margin stabilises on pre-crisis level +7% +1% +39% 71 72 67 +48% +24% 48 32 26 23.5% 24.8% 24.4% 21.2% 19.2% 14.3% Q1 2020 Q1 2021 Q1 2022 Q1 2023 Q1 2024 Q1 2025 6 May 2025 | RATIONAL AG | Earnings Call Q1 2025 11 EBIT in m EUR EBIT margin
Slide 12: High profitability in Q1 2025
High profitability in Q1 2025 Healthy sales revenue performance and favourable COGS Q1 Q1 2024 vs. 2025 in m EUR 2024 2025 Change Margin Impact Sales revenues 286 295 +3% --- COGS -119 -121 +1% +70 bps + Sales at a good level for Q1 Gross Profit 167 175 +4% +70 bps Gross Margin 58.5% 59.2% --- +70 b
Slide 13: Solid balance sheet provides security and flexibility
Solid balance sheet provides security and flexibility High equity ratio and liquidity in m EUR 31.03.20241 31.12.2024 31.03.2025 Key balance sheet KPIs Non-current assets 287 292 287 +9% Growth in total assets Inventories 109 108 114 Trade receivables 179 181 186 Other assets 358 373 384 45% Liquidi
Slide 14: Sales revenue and profit outlook for 2025
Sales revenue and profit outlook for 2025 Cautiously optimistic – despite challenging economical environment Sales growth Gross profit margin Operating costs EBIT margin in the mid-single-digit slightly lower than previous rise slightly faster than at around 26%. percentage range. year. sales revenu
Slide 15: RATIONAL
RATIONAL
Slide 16: Disclaimer
Disclaimer This presentation serves the single purpose of introducing the RATIONAL Group and providing a brief overview. The information contained is not intended to be exhaustive and does not provide a basis for corporate decisions or serve as investment advice. We assume no warranty, guarantee or